If a new type of fertilizer is invented that makes coconut trees twice as productive, the _____A___ for coconuts will ____B_____. This will cause the price to ___C____ and quantity to ____D___. Options: A) quantity demanded or quantity supplied or supply or demand B) increase or decrease C) increase or decrease D) increase or decrease

If a new type of fertilizer is invented that makes coconut trees twice as productive, the ___A_ for coconuts will __B_. This will cause the price to _C__ and quantity to D_. Options: A) quantity demanded or quantity supplied or supply or demand B) increase or decrease C) increase or decrease D) increase or decrease

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter4: Demand, Supply, And Markets

Section: Chapter Questions

Problem 3.4P

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Question

If a new type of fertilizer is invented that makes coconut trees twice as productive, the _____A___ for coconuts will ____B_____. This will cause the price to ___C____ and quantity to ____D___.

Options:
A) quantity demanded or quantity supplied or supply or demand

B) increase or decrease

C) increase or decrease

D) increase or decrease

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