Solved

A Fall in the Price of Wheat Fertilizer

Question 119

Multiple Choice

A fall in the price of wheat fertilizer


A) increases the equilibrium price of wheat and decreases the equilibrium quantity of wheat.
B) decreases the equilibrium price of wheat and increases the equilibrium quantity of wheat.
C) decreases the equilibrium price and equilibrium quantity of wheat.
D) increases the equilibrium price and equilibrium quantity of wheat.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions