How do rice farmers in rural Indonesian villages figure out that they need to produce more rice when the demand for it has risen in other parts of the world?
A) A decrease in sales communicates to them that they need to advertise more.
B) An increase in sales communicates to them that inventories are rising.
C) A decrease in the price of rice gives them a signal that there is insufficient quantity.
D) An increase in the price of rice gives them a signal that rice is more valuable.
Correct Answer:
Verified
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