Question

Suppose that farmers grew an unexpectedly large number of tomatoes this year. How would this increase in production affect the price of tomatoes?

The price of tomatoes would increase.

The price of tomatoes would decrease.

The price of tomatoes would remain stable.

Answer 1

The price of tomatoes would decrease.

Answer 2

@josephdelgado23

Answer 3

thanks

Answer 4

You are welcome.

Answer 5

@Chineseboy15 Why?

Answer 6

can you help with this question?
Which of the following payroll deductions is required by law?

flexible spending account

private retirement account

FICA

Answer 7

Please award Chineseboy15 a medal, close this question, and post a new one. It is better for all of us.

Answer 8

In a same market, the normal case is when the number of a product increase, its price lower; if the number of a product decrease, its price higher.

Answer 9

@Chineseboy15 I got that from the question and your answer, my question is why does the price decrease?

Answer 10

For the supply increase, but need does not increase. So the competition make the price decrease.

Answer 11

@doc.brown

Answer 12

Supply and demand. Thanks.

Answer 13

You are welcome.