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10. Producers of strawberries have seen a rightward shift of the supply curve fo

ID: 1144636 • Letter: 1

Question

10. Producers of strawberries have seen a rightward shift of the supply curve for strawberries. Which of the following choices likely explains this rightward shift?

a.

The price of labor used in harvesting strawberries has increased

b.

Technology has improved in the harvesting of strawberries

c.

The price of fertilizer used in growing strawberries has increased

d.

The number of strawberry sellers has decreased

e.

Strawberry growers expect lower market prices in the near future

a.

The price of labor used in harvesting strawberries has increased

b.

Technology has improved in the harvesting of strawberries

c.

The price of fertilizer used in growing strawberries has increased

d.

The number of strawberry sellers has decreased

e.

Strawberry growers expect lower market prices in the near future

Explanation / Answer

The correct answer is option b) because this will increase the productivity of the labor employed in the process of harvesting thus supply will increase.