Farmers can produce wheat and/or rice. What will happen in the wheat market if there is an increase in the price of rice?

A. Wheat supply will increase.
B. Wheat supply will decrease.
C. Wheat demand will increase.
D. Wheat demand will decrease.


Answer: B

Economics

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An equilibrium in a game in which players pursue their own self-interests and do not cooperate is called a

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Answer the following statements true (T) or false (F)

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Economics