Consider the rice market, if scientists discover a new, more productive rice variety. Change in Demand Increase Decrease Did not Change Indeterminate Change in Supply Increase Decrease Did not Change Indeterminate
Consider the rice market, if scientists discover a new, more productive rice variety. Change in Demand Increase Decrease Did not Change Indeterminate Change in Supply Increase Decrease Did not Change Indeterminate
Chapter3: Supply And Demand: Theory
Section3.3: The Market: Putting Supply And Demand Together
Problem 3ST
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Consider the rice market, if scientists discover a new, more productive rice variety.
Change in Demand
Increase
Decrease
Did not Change
Indeterminate
Change in Supply
Increase
Decrease
Did not Change
Indeterminate
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