Multiple Choice
Suppose there is an earthquake that destroys several corn canneries.Which of the following would not be a direct result of this event?
A) Sellers would not be able to produce and sell as much as before at each relevant price.
B) The supply would decrease.
C) Buyers would not be willing to buy as much as before at each relevant price.
D) The equilibrium price would rise.
Correct Answer:
Verified
Correct Answer:
Verified
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