Refer to Figure 12-16. Which panel best represents the perfectly competitive organic produce market in which some firms are experiencing short-run losses, and consumers are displaying an increased preference for organic produce?

Which of the following is a non-price determinant of supply?

A) the price of related goods consumers may buy B) technological advances in production C) consumers' incomes D) the number of consumers

If the wage rate doesn't change but a profit-maximizing competitive firm hires fewer workers, we know that

A) the price of the product increased. B) technical change occurred that increased labor productivity, reducing the firm's demand for labor. C) demand for the product fell or there has been a reduction in labor productivity. D) marginal factor cost increased.