65 638
Assignments Done
99,2%
Successfully Done
In October 2018

Answer to Question #41818 in Microeconomics for Nicole

Question #41818
4. Which of the following would not lead to a rightward shift in the supply of bananas?

a. An increase in the price of bananas
b. A decrease in the cost of pesticides used in banana production
c. Development of a new variety of banana that ripens faster
d. All of the above will cause the supply to shift to the left
Expert's answer
b. A decrease in the cost of pesticides used in banana production - as the output cost will be reduced, the supply curve moves leftwards

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions