3 years ago

Which of the following scenarios would likely shift the supply curve for potatoes to the right (increase in supply)?

Business

1 answer:

OlgaM077 [116]3 years ago

5 0

Answer:

The correct answer is option b.

Explanation:

The supply curve for potatoes can shift to the right because of an increase in the supply. The supply for a product may arise because of several reasons such as improvement in technology or reduction in the cost of production.

In the given options, the use of new harvester that allows the farmer to bring in ripe potatoes at twice the speed than earlier will help the farmer to increase supply. This will further cause the supply curve to move to the right.

You might be interested in

Sigma Corporation applies overhead cost to jobs on the basis of direct labor cost. Job V, which was started and completed during

murzikaleks [220]

Answer:

$3,283

Explanation:

Calculation for the overhead cost be added to Job W at year-end

Using this formula

Overhead cost =(Overhead cost / Direct Labor) *Job W Direct Labor

Overhead cost=($6,365 / $9,500) *$4,900

Overhead cost=0.67*$4,900

Overhead cost=$3,283