Quiz: Chapter 4 Homework SP X C psu.instructure.com/courses/2204626/quizzes/4577817/take/questions/84348791 ") ) ES Paused Update : CANVAS Lion Path

CANVAS Account Dashboard Courses Groups Calendar Inbox History My Media Notices Help Quiz: Chapter 4 Homework SP X + psu.instructure.com/courses/2204626/quizzes/4577817/take/questions/84348791 350 - Paused Update Lion Path Starfish Chegg * Course Hero MAIL CampusGroups 2228 - 202223FA Home Syllabus Announcements Modules Course Google Drive Grades Quizzes Assignments Zoom Collaborations o 750 700 650 550 500 450 300 250 200 150 100 100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 1400 1500 Tons of Alfalfa In the Daisy Valley there are many Alfalfa growers and buyers. The market for alfalfa in the valley is competitive and disconnected from global alfalfa markets. Use the graph above to answer the following questions: Supply Curve A, is a Curve B, isa Demand curve. curve. Ceteris Paribus, if the price for a ton of Alfalfa is $500, the quantity supplied will be 1200 This is an example of a 700 and the quantity demanded will be 500 Surplus If this situation persists, tons of alfalfa will go unsold.