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Recall the Application About the Decline in Honeybee Colonies and Its

question 94

Multiple Choice

Recall the Application about the decline in honeybee colonies and its effect on the price of ice cream to answer the following question(s) . In the last few years thousands of honeybee colonies have vanished, a result of bee colony collapse disorder (CCD) . Roughly one third of the U.S. food supply--including a wide variety of fruits, vegetables, and nuts--depends on pollination from bees. The decline of honeybees threatens $15 billion worth of crops in the United States.
-According to this Application, the decline in honeybee colonies and its subsequent effect on the ingredients used in the production of ice cream has ________ the equilibrium price and ________ the equilibrium quantity of ice cream.


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