The estimated supply function for avocados is Q = 58 + 15p - 20p f , where
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The estimated supply function for avocados is Q = 58 + 15p - 20pf, where pf is the price of fertilizer.
Determine how much the supply curve for avocados shifts if the price of fertilizer rises from $0.40 to $1.50 per lb. Illustrate this shift in a diagram.
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