Answer the Question Based on the Given Supply and Demand

Multiple Choice

Answer the question based on the given supply and demand data for wheat. If price was initially $4 and free to fluctuate, we would expect the

A) quantity supplied to continue to exceed the quantity demanded.
B) quantity of wheat supplied to decline as a result of the subsequent price change.
C) quantity of wheat demanded to fall as a result of the subsequent price change.
D) price of wheat to rise.