If Good Weather Conditions Result in a Larger Than Normal

question 128

Multiple Choice

If good weather conditions result in a larger than normal crop of peaches,then the

• A)equilibrium price of peaches falls,and the equilibrium quantity of peaches increases.
• B)equilibrium price of peaches rises,and the equilibrium quantity of peaches increases.
• C)increase in the supply of peaches induces a greater demand for peaches,so that the equilibrium price rises and the equilibrium quantity increases.
• D)demand curve for peaches shifts leftward.
• E)equilibrium price of peaches falls,and the equilibrium quantity of peaches decreases.

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