Question

What would be the effect of each of the following on the supply of salsa in the United States? In each case, identify the responsible determinant of supply.
a. Tomato prices skyrocket
b. Congress places a 26 percent tax on salsa.
c. Ed Scissorhands introduces a new, faster vegetable chopper.
d. J. Lo, Beyonce, and Adam Sandler each introduce a new brand of salsa.



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  • CreatedFebruary 07, 2013
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