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

Answer: A) A change in weather conditions

Economics

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Congress passed the ________ in 1996, the purpose of which was to phase out price floors and return to a free market in agriculture

A) Agribusiness Act B) Smoot-Hawley Act C) Freedom to Farm Act D) Rice and Beans Act

Economics

Bonnie is a self employed. She makes floral arrangements in a building she rents. She owns the delivery vehicle and has hired a delivery driver. She is an example of

A) entrepreneurial ability. B) labor. C) physical capital. D) human capital.

Economics