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    Economics for Today Study Set 6
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    Exam 3: Market Demand and Supply
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    Farmers Can Produce Wheat And/or Rice
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Farmers Can Produce Wheat And/or Rice

Question 121

Question 121

Multiple Choice

Farmers can produce wheat and/or rice. What will happen in the wheat market if there is an increase in the price of rice?


A) Wheat supply will increase.
B) Wheat supply will decrease.
C) Wheat demand will increase.
D) Wheat demand will decrease.

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