All of the following would affect the position of the supply curve for cranberries, except the:

A. Popularity of cranberry drinks
B. Price of agricultural land for cranberries
C. Cost of fertilizers for cranberry production
D. Development of a new pest control for cranberries

Answer: A

Economics

You might also like to view...

Positive economic statements

A) prescribe what should be. B) are related only to microeconomics. C) can be tested against the facts. D) cannot be tested against the facts.

Economics

If banks do not loan out all their excess reserves, then the real world multiplier is

A) not related to 1/RR. B) larger than 1/RR. C) smaller than 1/RR. D) equal to 1/RR.

Economics