Consider the Market for Wheat

question 80

Multiple Choice

Consider the market for wheat.If there is an improvement in harvesting technology,

• A) the supply curve for wheat shifts rightward.
• B) the demand curve for wheat shifts rightward.
• C) there is a movement up along the demand curve.
• D) the equilibrium price rises.
• E) the demand curve for wheat shifts leftward.

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Definitions:

Compulsive

Describing a behavior that is driven by an irresistible urge, often against an individual's conscious wishes.

Physically

Pertaining to the body or the physical aspects of existence, as opposed to mental or emotional components.

Mentally

Pertaining to processes or activities of the mind, such as thinking, reasoning, or remembering.

Pattern A

A specific and consistent way in which certain actions, behaviors, or phenomena regularly occur.