Multiple Choice
Table 2.11 depicts the market for mushrooms (in thousands of kilograms per month) .
-What is the effect of a shortage?
A) It will cause a decrease in the price,leading to an increase in the quantity supplied and a decrease in the quantity demanded.
B) It will cause a decrease in the price,leading to a decrease in the quantity supplied and an increase in the quantity demanded.
C) It will cause an increase in the price,leading to an increase in the quantity supplied and a decrease in the quantity demanded.
D) It will cause an increase in the price,leading to a decrease in the quantity supplied and an increase in the quantity demanded.
Correct Answer:

Verified
Correct Answer:
Verified
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