An unusually good harvest causes the price of wheat to decrease. We would expect:

Name: An unusually good harvest causes the price of wheat to decrease. We would expect:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An unusually good harvest increases the supply of wheat, leading to a decrease in its price. If the price of wheat decreases, farmers receive less money for each unit sold, which typically results in a decrease in farm income, assuming the increase in quantity sold does not offset the decrease in price per unit.

An Unusually Good Harvest Causes the Price of Wheat to Decrease