Which of the following scenarios would likely shift the supply curve for potatoes to the right (increase in supply)?multiple choiceTeenagers in potato-farming towns leave to go to college.The price of fertilizer increases.Potato growers expect the price of potatoes to be lower this year than last year.A new harvester enables farmers to bring in ripe potatoes twice as fast as they did before.
Question
Which of the following scenarios would likely shift the supply curve for potatoes to the right (increase in supply)?multiple choiceTeenagers in potato-farming towns leave to go to college.The price of fertilizer increases.Potato growers expect the price of potatoes to be lower this year than last year.A new harvester enables farmers to bring in ripe potatoes twice as fast as they did before.
Solution
The scenario that would likely shift the supply curve for potatoes to the right (increase in supply) is "A new harvester enables farmers to bring in ripe potatoes twice as fast as they did before."
Here's why:
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Teenagers in potato-farming towns leave to go to college: This would likely decrease the supply of potatoes, not increase it, because there would be fewer people to work on the farms.
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The price of fertilizer increases: This would also likely decrease the supply of potatoes because it would be more expensive for farmers to grow them.
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Potato growers expect the price of potatoes to be lower this year than last year: This could potentially decrease the supply of potatoes because farmers might choose to grow less if they expect to make less money from their crops.
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A new harvester enables farmers to bring in ripe potatoes twice as fast as they did before: This would likely increase the supply of potatoes because farmers would be able to harvest more in the same amount of time. This is the correct answer.
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