Question

Suppose that farmers grew an unexpectedly large number of tomatoes this year. How would this increase in production affect the price of tomatoes?

Answer 1

Then, the rate of tomatoes would decrease......

Answer 2

The price will decrease.

Explanation:

Suppose that farmers grew an unexpectedly large number of tomatoes this year.

When the quantity of a commodity increases, its price decreases. The price of a commodity is inversely proportional to its quantity.

The price is mostly affected by the quantity available in the market.

When the tomatoes are produced in very large numbers, the price will go down as almost everyone will be having it.

So, its price will decrease so as to maintain the sales.