Study the graph illustrated below and answer this question correctly
A. shows an increase in the supply of rice
B. describes a shift in the demand for rice
C. describes the equilibrium price for rice
D. shows that the demand for rice exceeds supply
Correct Answer:
Option C = describes the equilibrium price for rice
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…