3:15| 754 6. Assume a farmer's land is equally productive in growingcorn or potatoes and...

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Economics

3:15

| 754 6. Assume a farmer's land is equally productive in growingcorn or potatoes and is currently producing both. If the price ofcorn increases but the price of potatoes does not change, thefarm's supply curve for potatoes will:

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shift to the right, and more potatoes will be produced at eachprice level. not change, because the production of potatoes is notaffected by price changes for corn. shift to the left, and fewerpotatoes will be produced at each price level. shift to the right,and fewer potatoes will be produced at each price level. Search

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