In Agriculture,a "Bumper Crop" Refers to a Particularly Productive Harvest

question 159

Multiple Choice

In agriculture,a "bumper crop" refers to a particularly productive harvest.If there is a bumper crop for wheat at the same time that more people become allergic to wheat and all else is held constant,what will happen to the equilibrium price and quantity for wheat?

• A) The equilibrium price will go up and equilibrium quantity will go up.
• B) The equilibrium price will be indeterminate and equilibrium quantity will go up.
• C) The equilibrium price will go down and equilibrium quantity will be indeterminate.
• D) The equilibrium price will go up and equilibrium quantity will be indeterminate.
• E) The equilibrium price will be indeterminate and equilibrium quantity will go down.

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Definitions:

Foster Families

Households that provide temporary care for children whose parents are unable to care for them.

Great Britain

An island in the North Atlantic Ocean off the northwest coast of continental Europe, comprising England, Scotland, and Wales.

Endangered Children

Refers to children who are in situations that severely compromise their physical, mental, or emotional well-being.

Foster Families

Families that provide a temporary home for children who cannot live with their biological parents.