8. Supply shifters Suppose the following graph shows the market supply for pomegranates. A severe drought destroys much of the crop of pomegranates. Show the impact of the severe drought by shifting the supply curve on the following graph. Note: Select and drag the curve to the desired position. The curve will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther. PRICE (Dollars per crate) Supply QUANTITY (Crates of pomegranates) Supply

Essentials of Economics (MindTap Course List)
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ISBN:9781337091992
Author:N. Gregory Mankiw
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Chapter4: The Market Forces Of Supply And Demand
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8. Supply shifters
Suppose the following graph shows the market supply for pomegranates. A severe drought destroys much of the crop of pomegranates.
Show the impact of the severe drought by shifting the supply curve on the following graph.
Note: Select and drag the curve to the desired position. The curve will snap into position, so if you try to move a curve and it snaps back to its
original position, just drag it a little farther.
PRICE (Dollars per crate)
Supply
QUANTITY (Crates of pomegranates)
Supply
(?)
Transcribed Image Text:8. Supply shifters Suppose the following graph shows the market supply for pomegranates. A severe drought destroys much of the crop of pomegranates. Show the impact of the severe drought by shifting the supply curve on the following graph. Note: Select and drag the curve to the desired position. The curve will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther. PRICE (Dollars per crate) Supply QUANTITY (Crates of pomegranates) Supply (?)
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