Studies Show That the Supply Curve for Oranges Has Shifted

question 55

Multiple Choice

Studies show that the supply curve for oranges has shifted.Which of the following can NOT explain the shift of the supply curve?  

• A) changes in weather conditions 
• B) changes in the price of fertilizer 
• C) changes in the wage paid to orange pickers 
• D) changes in the price of oranges

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Definitions:

Employer

An individual or organization that hires and pays for the services of workers.

Employee

An individual who works part-time or full-time under a contract of employment, providing labor to an employer for compensation.

Unfunded Pension Liability

A pension plan's financial shortfall when the projected retirement benefits obligations exceed the current assets available to fund them.

Long-Term Liability

A financial obligation of a company that is due more than one year in the future.