Economics · May / June 2016 · Paper 11 · Question 7
2281Price changes
The diagram shows the market for rice. What would have caused the equilibrium price to rise from OP1 to OP2?
- Aa government subsidy to rice farmers
- Ba successful advertising campaign for rice
- Cimproved rice farming methods
- Dpoor weather conditions
As printed in the paper
Show the answer
Correct answer: D. poor weather conditions
Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.