Suppose farmers could grow only a limited number of tomatoes this year. What would be the effect of this decrease in production on the price of tomatoes?

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asked May 8, 2017 125k views

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Retronym · Answer 1 · 2017-05-13T13:53:59+0000

So the production of the tomatoes may be one of the element that the price of its may increased or decrease. So if the production of tomatoes will decrease and the demand is higher than the supply the possible effect to its is the increase of price of the tomtatoes

Suppose farmers could grow only a limited number of tomatoes this year. What would be the effect of this decrease in production on the price of tomatoes?

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