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in this question, you'll explore the effect of a bad crop in vermont on the price of blueberries in the united states, as well as on the daily wages of blueberry pickers in florida. assume that blueberry buyers don't care whether their blueberries come from vermont or florida.
On the following graph, show the effect the bad crop in Vermont has on the market for blueberries in the United States by shifting either the demand curve, the supply curve, or both.

Answer :

The price of blueberries in the US can climb in direct relation to a drought in Vermont. The effects of a drought in Vermont will also be felt by the blueberry workers in other parts of the country, such as Florida.

For blueberry pickers who still have fruit to gather that is selling at higher prices, the increase in prices may translate into higher daily pay.

The graph below depicts the impact of Vermont's abundant production on the country's blueberry market.

The supply curve is a visual representation of the relationship between the price of an item or service and the volume delivered over a specific time period. The quantity supplied will be displayed on the curve.The horizontal axis of the supply curve will show the quantity supplied, while the left vertical axis will show the price. The amount of a resource that businesses, producers, workers, suppliers of financial assets, or other economic agents are willing and able to offer to the market or to a specific person is referred to as supply in economics.

Learn more about supply curve here:

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