Suppose There Is a Bumper Crop of Apples This Year

question 88

Multiple Choice

Suppose there is a bumper crop of apples this year.How might this affect the market for apples?

• A)The demand would increase,increasing both equilibrium price and quantity.
• B)The supply would increase,decreasing equilibrium price and increasing equilibrium quantity.
• C)The demand would decrease,decreasing both equilibrium price and quantity.
• D)The supply would decrease,increasing equilibrium price and decreasing equilibrium quantity.

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Definitions:

Wholly Inconsistent

Completely incompatible or not in harmony with prior acts, statements, or legal precedents.

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