QuestionMay 24, 2025

Which of the following will cause an immediate shift the supply curve to the right, in the peanut butter market? expectation that the price of a good will increase in six months increase in the price of an input of the production of a good there is an increase in demand for jelly because a study shows it makes people live longer a natural disaster destroys the peanut crop of Georgia

Which of the following will cause an immediate shift the supply curve to the right, in the peanut butter market? expectation that the price of a good will increase in six months increase in the price of an input of the production of a good there is an increase in demand for jelly because a study shows it makes people live longer a natural disaster destroys the peanut crop of Georgia
Which of the following will cause an immediate shift the supply curve to the right, in the peanut butter market?
expectation that the price of a good will increase in six months
increase in the price of an input of the production of a good
there is an increase in demand for jelly because a study shows it makes people live longer
a natural disaster destroys the peanut crop of Georgia

Solution
4.0(227 votes)

Answer

None of the options will cause an immediate shift of the supply curve to the right in the peanut butter market. Explanation 1. Analyze each option 1. Expectation of price increase: Suppliers may hold off on selling now, expecting higher prices later, causing no immediate shift to the right. 2. Increase in input price: This raises production costs, potentially shifting supply left, not right. 3. Increase in demand for jelly: Could indirectly increase demand for peanut butter, but doesn't directly affect supply. 4. Natural disaster: Reduces available peanuts, shifting supply left.

Explanation

1. Analyze each option<br /> 1. Expectation of price increase: Suppliers may hold off on selling now, expecting higher prices later, causing no immediate shift to the right.<br /> 2. Increase in input price: This raises production costs, potentially shifting supply left, not right.<br /> 3. Increase in demand for jelly: Could indirectly increase demand for peanut butter, but doesn't directly affect supply.<br /> 4. Natural disaster: Reduces available peanuts, shifting supply left.
Click to rate:

Similar Questions