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Refer to the Above Data

Question 147

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  Refer to the above data.If the price in this market was $14: A) farmers would reduce the number of acres allocated to the growing of wheat. B) buyers would want to purchase more wheat than is currently being supplied. C) farmers would not be able to sell all of their wheat. D) there would be a shortage of wheat. Refer to the above data.If the price in this market was $14:


A) farmers would reduce the number of acres allocated to the growing of wheat.
B) buyers would want to purchase more wheat than is currently being supplied.
C) farmers would not be able to sell all of their wheat.
D) there would be a shortage of wheat.

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