These graphs illustrate demand for olive oil. Match each non-price determinant of demand with the shift it is likely to cause in the demand curve

Question

Briley Levy

Social Studies

5 December, 01:22

These graphs illustrate demand for olive oil. Match each non-price determinant of demand with the shift it is likely to cause in the demand curve

+5

Answers (1)

Know the Answer?

Kassandra Preston · Answer 1

The answer is Non-Price Determinant causing supply curve to move matching curve (1-2) a new production technology increase oil production.

B. efficiency many new olive oil producers entering the market.

Curve (2-1) a higher sale tax on cooking oil-a decrease in supply of olives caused by poor harvest.