Asked by
abigail ebere
on Nov 11, 2024Verified
Which of these is likely to increase the supply of tomatoes in the market?
A) The introduction of expensive mechanized tomato pickers
B) An increase in the wage rate of tomato pickers
C) A decrease in the cost of fertilizer for tomato plants
D) Unseasonably hot,dry weather in the tomato-growing regions of the nation that affects crop yield
E) A decrease in the price of tomato ketchup
Mechanized Tomato Pickers
Automated or machine-operated equipment used in agriculture for harvesting tomatoes, enhancing efficiency and reducing the need for manual labor.
Wage Rate
The amount of money paid to an employee per unit of time or per task performed.
- Grasp the mechanisms behind the modification of supply curves.
- Understand the role of input prices in determining production costs and supply availability.
Verified Answer
GO
Learning Objectives
- Grasp the mechanisms behind the modification of supply curves.
- Understand the role of input prices in determining production costs and supply availability.