#28 Answer:
What happens to the quantity supplied if the price of processed pork increases by Δp = p2−p1? Using the same approach as before, we learn from Equation 2.7 that ΔQ = 40Δp.8 A $1 increase in price (Δp = 1) causes the quantity supplied to increase by ΔQ = 40 million kg per year. This change in the quantity of pork supplied as p increases is a movement along the supply curve.