Applying the principal of supply and demand, which of the following is likely to be true of wheat in Saudi Arabia?
A) The demand will be high and the price will be low.
B) The supply and price will be high.
C) The price will be low; therefore, the demand will be greater.
D) The supply will be low and the price will be high.
Answer: D
You might also like to view...
The physical environment can affect human activities in many ways
Indicate whether the statement is true or false.
A coarse-grained, shiny, foliated metamorphic rock that exhibits well developed mineral cleavage is classified as a
A) hornfels. B) slate. C) schist. D) phyllite.
The type of tide associated with the full and new moons are ____
A) neap tides B) spring tides C) diurnal tides D) tidal currents
As a result of the landslide at the Vaiont Dam, northern Italy, in 1963, approximately 3000 people died ________.
A. when slope failure allowed the dam structure to be pushed downstream by the water pressure of the reservoir B. when the landslide impacted and destroyed the dam structure C. as their houses that had been built on the landslide were destroyed D. as a huge wave of water was displaced from the reservoir by the landslide E. as their houses were buried by the landslide