question archive Which of the following options is correct? Suppose that there is a surplus of salmon at the fish market, therefore a
Which of the following options is correct? Suppose that there is a surplus of salmon at the fish market, therefore a
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Which of the following options is correct?
Suppose that there is a surplus of salmon at the fish market, therefore
a. the current price is above the equilibrium price and rice prices would be expected to rise.
b. the current price is above the equilibrium price and rice prices would be expected to fall.
c. the current price is below the equilibrium price and rice prices would be expected to fall.
d. the current price is below the equilibrium price and rice prices would be expected to rise.
Option 1
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Option 2
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