Multiple Choice
Use the following to answer question:
-(Figure: The Demand and Supply of Wheat) Use Figure: The Demand and Supply of Wheat.If there is a decrease in supply of 2,000 bushels per period at each price,the equilibrium price and quantity will be _____ and _____ bushels per period,respectively.
A) $5;5,000
B) $7;5,000
C) $6;4,000
D) $8;6,000
Correct Answer:

Verified
Correct Answer:
Verified
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