A drought decreases the supply of agricultural products, which means that at any given price a lower quantity will be supplied; conversely, especially good weather would shift the __________________ .

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BlackTom AI · Accepted Answer

The question states: 'A drought decreases the supply of agricultural products, which means that at any given price a lower quantity will be supplied; conversely, especially good weather would shift the __________________ .'

Since the provided answer options are missing, I’ll first acknowledge that gap and proceed with the standard interpretation of the scenario. In supply-and-demand analysis, a drought is an adverse condition that reduces producers’ ability to supply goods; this causes the entire supply curve to shift to the left (a decrease in supply), because at every price there is a smaller quantity supplied than before.

By contrast, especially good weather improves producers’ ability to produce, effectively increasing supply. This positive condition would cause the supply curve to shift to the right (an increase in supply), meaning that at each price a larger quantity would be supplied than previously.

If we were to propose typical answer choices to fill the blank, they would likely include options such as:
- supply curve to the left
- supply curve to the right
- a movement along the supply curve (a change in quantity supplied)
- demand curve shift

Evaluating these possibilities:
- 'Supply curve to the left' matches the drought effect, not the implication of good weather, so it would be incorrect for the stated scenario about good weather.
- 'Supply curve to the right' aligns with improved weather increasing supply, which is the intended implication of good weather, so this would be the correct option in a complete set.
- 'A movement along the supply curve' would indicate a change in quantity supplied due to a price change, not a change in supply itself caused by conditions like weather, so it’s not addressing the 'shift' concept.
- 'Demand curve shift' would describe changes in demand from factors affecting buyers, which is not what the prompt describes.

In summary, when weather improves, suppliers are willing and able to produce more at each price, so the correct conceptual outcome is a rightward shift of the supply curve. The comparison between drought and good weather highlights the difference between a leftward shift (decrease of supply) and a rightward shift (increase of supply).

经济&202 33295 第三章测验

A drought decreases the supply of agricultural products, which means that at any given price a lower quantity will be supplied; conversely, especially good weather would shift the __________________ .

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