A New Cattle Feed Has Been Found to Increase the Amount

question 64

Multiple Choice

A new cattle feed has been found to increase the amount of milk each cow produces.Which of these is a likely impact in the market for milk,if this cattle feed is used by most of the dairies?

• A)A rightward shift of the supply curve for milk
• B)A leftward shift of the supply curve for milk
• C)An increase in the price of milk
• D)An increase in the demand for milk
• E)A decrease in the quantity demanded of milk