1. Which of the following will cause the supply curve for oranges to shift to the left?
The government begins subsidizing orange growers.
A study shows that oranges improve eyesight.
An ice storm strikes Florida.
A new orange juice commercial airs on television.
Correct Answer: C
Difficulty: easy
Concepts: supply, demand

2. Which of the following will cause the supply curve for oranges to shift to the left?
The government begins subsidizing orange growers.
A study shows that oranges improve eyesight.
An ice storm strikes Florida.
A new orange juice commercial airs on television.
An ice storm will decrease the number of firms supplying oranges. It may destroy most of their crop, thus shifting the supply curve to the left. Answer (A) will increase the supply of oranges by encouraging firms to grow more oranges. Answers (B) and (D) will increase the demand for oranges.
Correct Answer: C
Difficulty: easy
Concepts: supply, demand

3. Which of the following will cause the supply curve for oranges to shift to the left?
The government begins subsidizing orange growers.
A study shows that oranges improve eyesight.
An ice storm strikes Florida.
A new orange juice commercial airs on television.
An ice storm will decrease the number of firms supplying oranges. It may destroy most of their crop, thus shifting the supply curve to the left.
(A.) will increase the supply of oranges by encouraging firms to grow more oranges.
(B.) and (D.) will increase the demand for oranges.
An ice storm will decrease the number of firms supplying oranges. It may destroy most of their crop, thus shifting the supply curve to the left. Answer (A) will increase the supply of oranges by encouraging firms to grow more oranges. Answers (B) and (D) will increase the demand for oranges.
Correct Answer: C
Difficulty: easy
Concepts: supply, demand