Multiple Choice
A drought would probably:
A) cause wheat suppliers to move up their supply curves to a higher price.
B) induce greater demand for wheat, yielding a higher price.
C) cause people to reduce their demand for wheat.
D) induce an upward and leftward shift in wheat's supply curve.
E) lower the prices of substitutes for wheat.
Correct Answer:

Verified
Correct Answer:
Verified
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