Given a normal situation, what effect will an increase in the supply of cowpea h...
Question
Given a normal situation, what effect will an increase in the supply of cowpea have on its market price? The price
Options
A)
increases
B)
decreases
C)
is unaffected
D)
is unpredictable
The correct answer is B.
Explanation:
According to he law of supply ,the higher the supply the lower the pieces of goods/services and vice versa.
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