A Fall in the Price of Potatoes, Which Are Used

question 1

Multiple Choice

A fall in the price of potatoes, which are used in the production of french fries, will

• A)lead to an increase in the supply of french fries, causing the supply curve of french fries to shift to the right.
• B)lead to a decrease in the supply of french fries, causing the supply curve of french fries to shift to the left.
• C)have no effect on the supply of french fries but cause a movement along the supply curve of french fries.
• D)have no effect on the supply of french fries.
• E)lead to a decrease in the demand for french fries.

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Definitions:

Greek Words

Words originating from the Greek language, often used in scientific, technical, and philosophical contexts.

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