The diagram illustrates a country's domestic supply and demand for a commodity that it both uses and exports. The world price moves from WP1 to WP2. What changes occur in domestic consumption and exports as a result?
- Adomestic consumption: OX to OZ; quantity of exports: OY to OX
- Bdomestic consumption: OX to OZ; quantity of exports: OY to OZ
- Cdomestic consumption: OY to OW; quantity of exports: YX to WZ
- Ddomestic consumption: OY to OW; quantity of exports: YX to OZ