Social Studies, 27.04.2021 19:30 eyeneedalife

2. Consider the following scenario of a shifting supply curve, and select which factor you think motivated this shift: The price of peanut butter went up dramatically after a low peanut harvest. The quantity supplied on that decreased supply curve will increase because of the high price. (QS is represented by
the points on the line). Since there are not enough peanuts to go around, the supply curve shifted to the left (lower supply, supply decreased). Why did this happen?

A. Resource: cost and availability

B. Other goods

C. Taxes, subsidies, and government regulation

D. Technology (productivity)

E. Expectations of the producer

F. Number of firms in the industry

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2. Consider the following scenario of a shifting supply curve, and select which factor you think mot...