Jim, Tanya, and Peter are all farmers. Below is their supply schedule for avocados. Note that avocado trees need extensive watering.

Producer	$1 per avocado	$2 per avocado	$3 per avocado
Jim	5 tons	10 tons	15 tons
Tanya	8 tons	9 tons	10 tons
Peter	2 tons	4 tons	6 tons

a. If Peter was willing to produce 5 tons of avocados at $0.50 per avocado, ceteris paribus, what economic principle would be violated?

b. What would happen to the supply of avocados if the cost of water went up where Jim, Tanya, and Peter live? Explain.

c. Make a table of the supply schedule for the whole market of avocados, based on these three farmers.

d. Draw the supply curve for avocados for this market and label it S₁.

e. On your graph from part (d), illustrate the effect of the increased cost of water on the supply of avocados. Label the new curve S₂.

f. Assuming the market situation from part (b), and that suppliers will not charge more than $3, would the quantity supplied of avocados be more or less than 31 tons of avocados? Explain.