Question

section 1: economics
lesson 3: supply and demand
practice
if a disease infects and destroys a large amount of the nations supply of tomatoes, what is likely to happen to the price of tomatoes? (select the best answer.)
○ the price will go up.
○ the price will go down.
○ the price will remain the same.

Explanation:

A disease reducing tomato supply shifts the supply curve left. With demand unchanged, the equilibrium price rises due to scarcity.

Answer:

The price will go up.