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12 January, 07:57

Provide and explain at least three examples in which a determinant (shifter) could the cause the supply of corn in the US to increase and/or decrease.

All answers MUST be written in complete sentences.

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  1. 12 January, 09:23
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    Determinant 1: There is a new fertilizer that reduces the unhealthy crops. This will increase the total units of corn and so the supply will increase and shift to the right.

    Determinant 2: There is an unexpected long winter season that unable farmers to harvest. There will be a decrease in the total units of corn, the supply for corn will reduce and will shift to the left.

    Determinant 3: Government announces a tax benefit per unit of corn produced. This will lead to an increase in corn production, the supply will increase and shift to the right.
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