Examlex
The 2008 food price crisis was linked to which of the following?
Quantity Supplied
is the amount of a good or service that producers are willing and able to sell at a given price over a specified period of time.
Supply Increased
A situation in which the quantity of a good or service that producers are willing and able to offer for sale rises, possibly leading to lower prices.
Demand Increased
A situation where the desire or need for a product or service rises, leading to potentially higher prices and/or increased production.
Quantity Demanded
The overall volume of a good or service that individuals are prepared and capable of buying at a given price.
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