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Marianna [84]
3 years ago
14

All of the following would affect the position of the supply curve for cranberries, except: Question 28 options: the price of ag

ricultural land used for cranberry production. the popularity of cranberry drinks. the cost of fertilizer used for cranberry production. the development of a new pest control for cranberry production.
Business
1 answer:
myrzilka [38]3 years ago
5 0

The factor that would not affect the position of the supply curve for cranberries is the popularity of cranberry drinks.

The supply curve is a graph that shows the relationship between price and the quantity supplied. The supply curve is positively sloped. A change in the position of the supply curve can either be an outward shift or an inward shift. An outward shift indicate an increase in supply and an inward shift indicates a decrease in supply.

An increase in the price of agricultural land and the cost of fertilizers increases the cost of producing cranberries . This would lead to an inward shift of the supply curve. On the other hand, a decrease in the price of  agricultural land and the cost of fertilizers would lead to an outward shift of the supply curve.

The development of a new pest control for cranberry production would lead  to an outward shift of the supply curve as more cranberries can be produced.

Please check the attached image for a graph showing an increase in supply. To learn more about the supply curve, please check: brainly.com/question/1915798

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