Asked by Nuwan Maddumage Don on Jul 07, 2024
Verified
Which of the following is likely to bring about a movement along the supply curve for oranges?
A) A change in weather conditions
B) A change in the price of fertilizer
C) A change in wages paid to orange pickers
D) A change in the price of oranges
E) A change in the demand for grapefruit
Supply Curve
A graphical representation showing the relationship between the price of a good or service and the quantity of that good or service that suppliers are willing to produce and sell.
Weather Conditions
The state of the atmosphere at a specific time and place, including factors such as temperature, humidity, precipitation, and wind.
- Recognize the causes leading to variations in supply curves.
Verified Answer
NA
Nnenna AlugoJul 08, 2024
Final Answer :
D
Explanation :
A movement along the supply curve for oranges can only be caused by a change in the price of oranges. This is because a movement along the supply curve is a change in the quantity supplied in response to a change in price, while a shift in the supply curve would be caused by something like a change in production costs or technology.
Learning Objectives
- Recognize the causes leading to variations in supply curves.