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The Table Below Provides Data on Opium Sales and Farmgate

question 81

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The table below provides data on opium sales and farmgate prices of opium in Afghanistan from 1994 to 2008.
The table below provides data on opium sales and farmgate prices of opium in Afghanistan from 1994 to 2008.    -Refer to the table above.From 2000 to 2001,opium sales fell by 95 percent and opium prices increased by 975 percent.If you are told that demand curve for opium in Afghanistan remained constant from 2000 to 2001,what was the likely change in opium supply? A)  Increase in only quantity supplied B)  Decrease in only quantity supplied C)  Increase in supply D)  Decrease in supply
-Refer to the table above.From 2000 to 2001,opium sales fell by 95 percent and opium prices increased by 975 percent.If you are told that demand curve for opium in Afghanistan remained constant from 2000 to 2001,what was the likely change in opium supply?


Definitions:

Functional

Related to the purpose or use of something; designed to be practical and useful.

Social Change

Transformations over time in societal norms, behaviors, values, and institutions.

Structural Functionalism

A theory in sociology which posits that society functions as an intricate system where its components interact to foster cohesion and maintain equilibrium.

Center-Periphery Differentiation

Describes the spatial and social division between the developed, politically, and economically dominant 'center' and the less developed, dependent 'periphery'.

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