-In the Figure Above, Suppose the Price of a Pound

question 214

Multiple Choice

-In the figure above, suppose the price of a pound of pecans is negatively related to the quantity of peanuts that farmers are willing to supply. If the price of pecans increases

• A) the curve will be unaffected.
• B) there is a movement along the curve.
• C) the curve will shift leftward.
• D) the curve will shift rightward.

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