Question

A severe drought has damaged this year's lettuce crop. The initial effect on the lettuce market is a

Answer 1

The initial effect on the lettuce market is (C) a decrease in the supply of lettuce.

What is the lettuce market?

• Lettuce is divided into two types: head (iceberg) and leaf (romaine, butterhead, and leaf).
• Since colonial times, lettuce has been farmed in the United States.
• The ice shipping industry emerged in the western states in the early 1900s, boosting the range and appeal of lettuce.
• Only potatoes outnumber lettuce salads in terms of annual consumption per capita.
• In 2015, the annual consumption of all varieties of lettuce was 25.8 pounds per person, with head lettuce accounting for 51% (13.3 pounds per person).
• Consumption of lettuce was about the same as in the preceding three years, but down approximately 20% from ten years before.

As a severe drought has damaged this year's lettuce crop.

Therefore, the straightforward initial effect on the lettuce market is (C) a decrease in the supply of lettuce.

Know more about the lettuce market here:

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Complete question:

A severe drought has damaged this year's lettuce crop. The initial effect on the lettuce market is a _____

A. decrease in the demand for lettuce.

B. rightward movement along the demand curve for lettuce.

C. a decrease in the supply of lettuce.

D. a decrease in both the demand and supply of lettuce