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Due to a fear of increases in produce prices, and the fear of contracting COVID-19 with a trip to the grocery store, many families
Due to a fear of increases in produce prices, and the fear of contracting COVID-19 with a trip to the grocery store, many families started gardens this past spring. Starting a garden requires the purchase of seeds (for example: tomato seeds). As a result of this change in consumer's expectations/tastes, what happened to producer surplus in the market for tomato seeds? (Hint: draw a supply and demand diagram to help you). O Producer surplus increased. Producer surplus decreased. O Producer surplus stayed the same. Not enough information to answer this question.
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