A farm can use its arable land to grow either oats or barley. Which one of the following developments is most likely to cause the supply curve for oats to shift to the left?
A fall in the market price of oats
An increase in the market price of barley
A technological advancement that increases the yield per hectare of oat crops
An increase in consumer demand for organic oat-based milk products
256 exam-style questions on AQA A Level Economics 1.3 Price determination in a competitive market, covering 1.3.1 The determinants of the demand for goods and services, 1.3.2 Price, income and cross elasticities of demand, 1.3.3 The determinants of the supply of goods and services, 1.3.4 Price elasticity of supply, 1.3.5 The determination of equilibrium market prices, and 1.3.6 The interrelationship between markets. Each one has a worked solution and a mark scheme showing where the marks go.