What happens to the equilibrium price of grafn if a natural disaster greatly limits its grain production capacities?
a. The equilibrium price of grain is indeterminate
b. The equilibrium price of grain stays the same
c. The equilibrium price of grain decreases
d. The equilibrium price of grain increases

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07-06-2024
Business

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What happens to the equilibrium price of grafn if a natural disaster greatly limits its grain production capacities?
a. The equilibrium price of grain is indeterminate
b. The equilibrium price of grain stays the same
c. The equilibrium price of grain decreases
d. The equilibrium price of grain increases

Sagot :

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