An increase in the price of oranges would lead to

an increased supply of oranges.

a reduction in the prices of inputs used in orange production.

an increased demand for oranges.

a movement up and to the right along the supply curve for oranges.

Question

Kai Mueller

Business

12 May, 16:55

An increase in the price of oranges would lead to

an increased supply of oranges.

a reduction in the prices of inputs used in orange production.

an increased demand for oranges.

a movement up and to the right along the supply curve for oranges.

+3

Answers (1)

Know the Answer?

Amber Pittman · Answer 1

a movement up and to the right along the supply curve for oranges.

Explanation:

The supply curve exhibits the price and quantity.

Quantity on the x axis that reflects the quantity supplied.

Price on the y axis that reflects the price at which the particular commodity is offered.

Accordingly, when there is increase in prices of orange the y axis will move upward, also as there is increase in price the suppliers would supply more at the price, accordingly x axis will also grow.

Accordingly the supply graph will move upward in the right direction.

An increase in the price of oranges would lead toan increased supply of oranges.a reduction in the prices of inputs used in orange production.an increased demand for oranges.a movement up and to the right along the supply curve for oranges.

An increase in the price of oranges would lead to

an increased supply of oranges.

a reduction in the prices of inputs used in orange production.

an increased demand for oranges.

a movement up and to the right along the supply curve for oranges.