A Drought Would Probably

question 84

Multiple Choice

A drought would probably:

• A)cause wheat suppliers to move up their supply curves to a higher price.
• B)induce greater demand for wheat, yielding a higher price.
• C)cause people to reduce their demand for wheat.
• D)induce an upward and leftward shift in wheat's supply curve.
• E)lower the prices of substitutes for wheat.

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