"Prague-based Kamil Brejcha, co-founder of Czech digital currency trading platform NakamotoX, is using the excess heat given off by his mining equipment to help grow greenhouse vegetables. He recently shared on Twitter that he successfully achieved growing bunches of tomatoes he affectionately calls "cryptomatoes. Heat from Brejcha's mining rigs is blown into greenhouses containing five acres of tomatoes, he says, instead of using traditional heaters- the custom where local climate doesn't allow for growing tomatoes outdoors during the winter." The availability of the heat from the mining of digital currency will have which of the following effects in the market for tomatoes? O A. There will be an increase in the demand for tomatoes. O B. The equilibrium price will decrease. ○ C. The equilibrium price will remain unchanged. D. The equilibrium price will increase.
"Prague-based Kamil Brejcha, co-founder of Czech digital currency trading platform NakamotoX, is using the excess heat given off by his mining equipment to help grow greenhouse vegetables. He recently shared on Twitter that he successfully achieved growing bunches of tomatoes he affectionately calls "cryptomatoes. Heat from Brejcha's mining rigs is blown into greenhouses containing five acres of tomatoes, he says, instead of using traditional heaters- the custom where local climate doesn't allow for growing tomatoes outdoors during the winter." The availability of the heat from the mining of digital currency will have which of the following effects in the market for tomatoes? O A. There will be an increase in the demand for tomatoes. O B. The equilibrium price will decrease. ○ C. The equilibrium price will remain unchanged. D. The equilibrium price will increase.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
Section: Chapter Questions
Problem 10SQP
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Transcribed Image Text:"Prague-based Kamil Brejcha, co-founder of Czech digital currency trading platform NakamotoX, is using the excess heat given off by his
mining equipment to help grow greenhouse vegetables. He recently shared on Twitter that he successfully achieved growing bunches of
tomatoes he affectionately calls "cryptomatoes.
Heat from Brejcha's mining rigs is blown into greenhouses containing five acres of tomatoes, he says, instead of using traditional heaters-
the custom where local climate doesn't allow for growing tomatoes outdoors during the winter."
The availability of the heat from the mining of digital currency will have which of the following effects in the market for tomatoes?
O A.
There will be an increase in the demand for tomatoes.
O B.
The equilibrium price will decrease.
○ C.
The equilibrium price will remain unchanged.
D.
The equilibrium price will increase.
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