-The Above Figure Shows the Supply and Demand Curves for Rice

question 15

Multiple Choice

-The above figure shows the supply and demand curves for rice in the U.S.and in Japan.Assume there is no trade between the two countries.If fertilizer price drop causes the supply curves in both countries to shift rightward by the same amount,then

• A)the quantity will increase the same amount in both counties.
• B)the quantity will decrease the same amount in both countries.
• C)the quantity will increase more in Japan than in the U.S.
• D)the quantity will increase more in the U.S.than in Japan.

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