Suppose the supply function for avocados is Q = 58 + 15p - 20p_f. where P_f is the price of fertilizer. If the price of fertilizer rises by $1.10, how will this affect the supply curve for avocados? If the price of fertilizer rises by $1, 10, then the supply of avocados will change by units at each price. (Enter your response as a whole number and include a minus sign if necessary.) Using the line driving tool, show how an increase in the price of fertilizer affects the avocado supply curve. Label this new supply curve 'S^2.' Carefully follow the instructions above, and only draw the required object.

Question

02-02-2021
Business

Answered

Looking for reliable answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Get immediate and reliable answers to your questions from a community of experienced professionals on our platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Suppose the supply function for avocados is Q = 58 + 15p - 20p_f. where P_f is the price of fertilizer. If the price of fertilizer rises by $1.10, how will this affect the supply curve for avocados? If the price of fertilizer rises by $1, 10, then the supply of avocados will change by units at each price. (Enter your response as a whole number and include a minus sign if necessary.) Using the line driving tool, show how an increase in the price of fertilizer affects the avocado supply curve. Label this new supply curve 'S^2.' Carefully follow the instructions above, and only draw the required object.

Sagot :

We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.

Which of the following lists contains only long /ā/ sounds? eight, bat, rake bay, straight, hey part, sleigh, ray

Ecologists or biologists define microevolution as simply ____ frequency of ____ in a population.A. Change over time; allelesB. Descent over time; speciesC. Chan

What is the scale factor if the distance from [tex]$A$[/tex] to [tex]$B$[/tex] is 10 and the distance from [tex]$A$[/tex] to [tex]$B'$[/tex] is 2?A. [te

Find the angle of depression from point A to point C. Angle if depression = [?]

Pat says, "flower" when she sees a tulip. She also says, "flower" when she sees a sunflower, rose, or lily. This is an example of:____.A. Response generalizatio

A client invests amount of R3 000 inan investment account for 5 years at17% per annum simple interest

The curvature of space as a whole is primarily determined by:A. Hubble's ConstantB. The Curvature ConstantC. The Cosmological ConstantD. Omega-M

As part of a reasonably exhaustive search, which of the following would not help a genealogist know which kinds of records are available for a certain place dur

You are listening to a speech by a politician. She states her plan will put America back on the right path. What is this an example of?A. RhetoricB. Policy prop

Select all the correct answers.The ozone layer is an important component of Earth's atmosphere because it helps to block UV radiation from reaching Earth. The o

codedmog101 codedmog101 · Answer 1 · 2021-02-06T09:12:48-05:00

Answer:

-22.

There will be the decrease in price hence the supply curve shifts to the left.

Explanation:

So, it is given from the question above that the supply function for avocados is Q = 58 + 15p - 20p_f.

The p_f given in the question = $1.10 which is the price given for the fertilizer as it rises that is to say it rises at that amount.

If the price increases by $1.10, then we have a reduction of -( 20 × 1.10) = -22.

Kindly note that the negative sign denotes the reduction in supply. This reduction causes the supply curve to shift to the left.

The diagram for the supply curve Is given in the attached picture.

Sagot :

Other Questions