QUESTION IMAGE
Question
multiple - choice question
take notes on this:
***as we analyze the non - price determinants,
remember that if you: ***
a. shift a curve left, it means that either less is
supplied or less is demanded
b. shift a curve right, it means that either more is
supplied or more is demanded
............
............
how would cold weather affect the market for
strawberries?
the supply curve would shift right as the
supply of strawberries goes up in winter
the demand curve would shift left as the demand
for strawberries goes down in winter
the demand curve would shift right as the demand
strawberries goes up during cold weather months
the supply curve would shift left as the
supply of strawberries goes down in winter
Cold weather negatively impacts strawberry production. Less strawberries are grown in cold weather (supply decreases). According to the note, a left - shift in the supply curve means less is supplied.
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The Supply Curve would shift LEFT as the supply of strawberries goes DOWN in winter.