Assume That Oranges and Peaches Can Both Be Grown on the Same

question 124

Multiple Choice

Assume that oranges and peaches can both be grown on the same type of land, a decrease in the price of peaches, other things being equal, will cause a(n) :

• A) upward movement along the supply curve for oranges.
• B) downward movement along the supply curve for oranges.
• C) rightward shift of the supply curve for oranges.
• D) leftward shift of the supply curve for oranges.

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