Economics 2281 · O Level · Supply

Supply — practice question

Floods damaged a large quantity of the country’s agricultural products. What is likely to have happened to the price of agricultural products and the volume of imports of agricultural products?

  • Aprice of products: fall; volume of imports: fall
  • Bprice of products: fall; volume of imports: rise
  • Cprice of products: rise; volume of imports: fall
  • Dprice of products: rise; volume of imports: rise

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