Because of the significant snow fall in the plains this year, the supply of fertilizer to Washington State's apple farmers substantially decreased. As a result, the price of fertilizer has increased in Washington State. This statement indicates the

A. amount of apples that will be available at various prices will decline.
B. price of apples will decrease.
C. demand for apples will necessarily decrease.
D. supply for apples will necessarily increase.


Answer: A

Economics

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Economics