[Answer] A potato farmer decides he can plant carrots for less cost than he was paying to plant potatoes. He hopes to have higher profits with the carrots. Which of the following statements would be true as a result?Quantity supplied of potatoes will increase.Quantity supplied of potatoes will decrease.Supply of potatoes will increase and shift to the left.Supply of potatoes will decrease and shift to the left.Supply of potatoes will decrease and shift to the right.

Answer: Supply of potatoes will decrease and shift to the left
A potato farmer decides he can plant carrots for less cost than he was paying to plant potatoes. He hopes to have higher profits with the carrots. Which of the following statements would be true as a result?Quantity supplied of pota…

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