Question

An increase in the price of oranges would lead to

an increased supply of oranges.
a reduction in the prices of inputs used in orange production.
an increased demand for oranges.
a movement up and to the right along the supply curve for oranges.

Answer 1

a movement up and to the right along the supply curve for oranges.

Step-by-step explanation:

The supply curve exhibits the price and quantity.

Quantity on the x axis that reflects the quantity supplied.

Price on the y axis that reflects the price at which the particular commodity is offered.

Accordingly, when there is increase in prices of orange the y axis will move upward, also as there is increase in price the suppliers would supply more at the price, accordingly x axis will also grow.

Accordingly the supply graph will move upward in the right direction.