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If the cost of water used to irrigate orange groves in California increases, the

ID: 1234046 • Letter: I

Question


If the cost of water used to irrigate orange groves in California increases, the __________ curve of California oranges ___________________. This leads to _________________ in the equilibrium price for California oranges and ____________ in the equilibrium quantity sold.
Question 18 answers

A. demand, shifts to the right, an increase, an increase

supply, shifts to the left, an increase, a decrease

supply, shifts to the right, a decrease, an increase

demand, shifts to the left, an increase, a decrease

supply, shifts to the left, a decrease, an increase

Explanation / Answer

If the cost of water used to irrigate orange groves in California increases, the ___supply_______ curve of California oranges _____left______________. This leads to _____increase____________ in the equilibrium price for California oranges and ___decrease_________ in the equilibrium quantity sold.

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