The diagram illustrates a country’s domestic supply of, and demand for, a commodity that it both uses and exports. The world price moves from WP1 to WP2. What changes result in domestic consumption and the quantity exported?
- 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 OZ
- Ddomestic consumption OY to OW; quantity of exports YX to WZ