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Market: Tacos
Price of cheese skyrockets!
Which way does the supply curve shift and why?
Right; Population
Lefts; Taxes
Left; Price of inputs
Right; Taxes

Ask by Wood Hodges. in the United States
Feb 24,2025

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When the price of cheese increases, the supply of tacos decreases, so the supply curve shifts to the left because the cost of inputs rises.

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Mind Expander

When the price of cheese skyrockets, it increases the cost of producing tacos, which is an essential input. This shift in input prices typically causes the supply curve to shift to the left, indicating that suppliers are willing to produce fewer tacos at any given price due to higher costs. A leftward shift signifies a decrease in supply, which can lead to higher prices for tacos if demand remains constant.
In real-world taco shops, a surge in cheese prices can lead to creative menu adjustments. Some vendors might explore alternatives, such as using different types of cheese or even reducing the amount of cheese in their tacos to maintain profitability without scaring away customers. This adaptability showcases how the taco business reacts to input price changes while striving to keep the tacos everyone loves!

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