Multiple choice

What did the introduction of Bovine Growth Hormone do to the supply curve of milk?

  1. shifted it right

  2. shifted it left

  3. no effect

  4. skewed it at low and high ends

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Bovine Growth Hormone increases the productivity of dairy cows, allowing farmers to produce more milk at any given price, which shifts the supply curve to the right.