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The Following Figure Shows the Market for Grapefruit (In Kilos)

question 54

Multiple Choice

The following figure shows the market for grapefruit (in kilos) :
The following figure shows the market for grapefruit (in kilos) :    -Refer to the diagram above to answer this question.If factor prices were to rise,causing the supply to change by 12 kilos,what will be the new equilibrium price and quantity? A) $2.25 and 36 kilos B) $2.75 and 20 kilos C) $2.75 and 44 kilos D) $3.25 and 28 kilos
-Refer to the diagram above to answer this question.If factor prices were to rise,causing the supply to change by 12 kilos,what will be the new equilibrium price and quantity?


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