rayvenwasserman rayvenwasserman
  • 18-05-2017
  • Mathematics
contestada

Suppose that farmers grew an unexpectedly large number of tomatoes this year. How would this increase production affect the price of tomatoes

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BetterThanAkin BetterThanAkin
  • 18-05-2017
It would decrease the price of tomatoes. As supply rises, demand lowers and the cost lowers with it.
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heyitsj
heyitsj heyitsj
  • 18-05-2017
because there are so many there isn't a need for tomatoes. There isn't a demand. So the price will be lower than if a smaller number of tomatoes had grew
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