In this question, you'll explore the effect of a good weather season in Vermont on the price of blueberries in the United States, as well as on the daily wages of blueberry pickers in Florida. Assume that blueberry buyers don't care whether their blueberries come from Vermont or Florida.
In this question, you'll explore the effect of a good weather season in Vermont on the price of blueberries in the United States, as well as on the daily wages of blueberry pickers in Florida. Assume that blueberry buyers don't care whether their blueberries come from Vermont or Florida.
Chapter5: Markets In Motion And Price Controls
Section: Chapter Questions
Problem 10P
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Transcribed Image Text:In this question, you'll explore the effect of a good weather season in Vermont on the price of blueberries in the United States, as well as on the daily
wages of blueberry pickers in Florida. Assume that blueberry buyers don't care whether their blueberries come from Vermont or Florida.
On the following graph, show the effect the good weather season in Vermont has on the market for blueberries in the United States by shifting either
the demand curve, the supply curve, or both.
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5
3
2
1
0
0
Market for Blueberries in the United States
Supply
Demand
100 200 300 400 500 600 700 800 900 1000
QUANTITY (Millions of pints of blueberries)
Demand
O
Supply
?
Based on the graph for the market for blueberries in the United States, the good season has caused the price of blueberries in the United States to
image 1

Transcribed Image Text:The following graph shows the daily market for blueberry pickers in Florida.
Show the effect of the change in the price of blueberries in the United States on the market for blueberry pickers in Florida by shifting either the
demand curve, the supply curve, or both.
WAGE (Dollars perworker)
Market for Blueberry Pickers in Florida
Supply
Demand
LABOR (Thousands of workers)
Demand
Supply
(?)
As a result of the change in the price of blueberries, the wage level for blueberry pickers in Florida
image 2
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