Phenomena affect the long-run supply curve

Question-

How would each of the following phenomena affect the long-run supply curve of apples?

1. Workers in the apple industry form a union.

2. Consumers find out that apples cause cancer.

3. Hard-to-Control bugs that eat apples invade from Mexico

4. The government passes a law requiring apple trees to be planted at least 60 feet apart.

5. The government sets a maximum legal price (price ceiling) at which apples can be sold.

6. Immigaration laws change to permit more itinerant apple pickers

7. The government passes a minimum wage law for apple pickers.

Posted Date: 2/28/2014 9:50:03 PM | Location : United Kingdom(UK)

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