Question

How would each of the following phenomena affect the long-run supply curve of apples?
a. Workers in the apple industry form a union.
b. Consumers find out that apples cause cancer.
c. Hard-to-control bugs that eat apples invade from Mexico.
d. The government passes a law requiring apple trees to be planted at least 60 feet apart.
e. The government sets a maximum legal price (price ceiling) at which apples can be sold.
f. Immigration laws change to permit more itinerant apple pickers to enter the country.
g. The government passes a minimum wage law for apple pickers.



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  • CreatedNovember 14, 2014
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