6. Which of the following will shift the supply curve of shade-grown, organic coffee to the right? a) An increase in the price of commercially grown coffee. b) An increase in the cost of land suitable for growing shade-grown, organic coffee. c) The expectation of falling prices in the future for shade-grown, organic coffee. d ) An increase in the number of farmers with the skills necessary to grow shade-grown, organic coffee. e) All of the above . None of the above
6. Which of the following will shift the supply curve of shade-grown, organic coffee to the right? a) An increase in the price of commercially grown coffee. b) An increase in the cost of land suitable for growing shade-grown, organic coffee. c) The expectation of falling prices in the future for shade-grown, organic coffee. d ) An increase in the number of farmers with the skills necessary to grow shade-grown, organic coffee. e) All of the above . None of the above
Principles of Microeconomics (MindTap Course List)
8th Edition
ISBN:9781305971493
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter4: The Market Forces Of Supply And Demand
Section: Chapter Questions
Problem 6CQQ
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6. Which of the following will shift the supply curve of shade-grown, organic coffee to the right? a) An increase in the price of commercially grown coffee. b) An increase in the cost of land suitable for growing shade-grown, organic coffee. c) The expectation of falling prices in the future for shade-grown, organic coffee. d ) An increase in the number of farmers with the skills necessary to grow shade-grown, organic coffee. e) All of the above . None of the above.
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