Which of the Following Could Cause the Supply of Carrots

question 1

Multiple Choice

Which of the following could cause the supply of carrots to decrease?

• A) Consumers' incomes decrease.
• B) There is a technological advance in carrot production.
• C) Fertiliser costs increase.
• D) The number of farmers growing carrots increases.
• E) The price of carrots decreases.

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Definitions:

Investments

Assets purchased with the goal of generating income or appreciating in value over time.

Investing Activity

Transactions involving the purchase and sale of long-term assets and other investments not generally considered as cash equivalents.

Sale Of Land

A transaction involving the transfer of ownership of land property from one party to another.

Loss

A financial condition where expenses exceed revenue, resulting in a negative profit for a business.