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Suppose the supply function for avocados (in avocados per month) is Q=58+15p-20pf, where pf is the price of fertilizer per lb. If the price of
Suppose the supply function for avocados (in avocados per month) is Q=58+15p-20pf, where pf is the price of fertilizer per lb. If the price of fertilizer rises by $1.00 per |b., how will this affect the supply curve for avocados? If the price of fertilizer rises by $1.00 per lb., then the supply of avocados will change by D avocados per month at each price. (Enter your response as a whole number and include a minus sign if necessary.) Using the line drawing tool, show how an increase in the price of fertilizer affects the avocado supply curve. Label this new supply curve '82} Carefully follow the instructions above, and only draw the required object. p, $ per avocado Q, Quantity of avocados per month
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