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Retnec Retnec
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7 years ago
If a severe drought destroyed much of the hay crop,
A) the supply curve of hay would shift to the right.
B) the price of hay would tend to rise.
C) the price of hay would tend to fall.
D) the demand for hay would increase.
E) the price of substitutes for hay (such as cattle feed) would tend to fall.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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7 years ago
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Retnec Author
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#2
6 years ago
My exam's next week!

Perfect timing
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