Problem
What would be the effect of each of the following on the supply of ketchup in Canada? In each case, identify the responsible determinant of supply.
a. Tomato prices skyrocket (ketchup is made from tomatoes).
b. Parliament places a 26 percent tax on ketchup.
c. Entrepreneurs invent a new, faster tomato crusher to make ketchup.
d. Wayne Gretzky, Justin Bieber, and Jim Carrey each introduce a new brand of ketchup.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.