A grocer notes that last week he sold 4,000 heads of lettuce at $0.59 per head. This

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A grocer notes that last week he sold 4,000 heads of lettuce at $0.59 per head. This week he only sold 3,500 at $0.49 per head. Was this change due to a supply shift or a demand shift? Draw a supply-demand diagram to illustrate your answer.

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Agricultural Economics

ISBN: 978-0136071921

3rd edition

Authors: Evan Drummond, John Goodwin

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Question Posted: Apr 12, 2016 10:32 AM

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A grocer notes that last week he sold 4,000 heads of lettuce at $0.59 per head. This

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As the two observations are plotted on the axes and a line dra...View the full answer

Agricultural Economics

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