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In 2011, Floods Damaged a Large Portion of the Wheat

Question 90

Multiple Choice
In 2011, floods damaged a large portion of the wheat crop in the prairie provinces.As a result of this, many farmers were not able to supply wheat to the market.As a result of the flooding, what would we expect to see in the market for wheat at the original equilibrium price A)a surplus of wheat. B)the quantity demanded equal to the quantity supplied. C)a shortage of wheat. D)an increase in the demand for wheat.

In 2011, floods damaged a large portion of the wheat crop in the prairie provinces.As a result of this, many farmers were not able to supply wheat to the market.As a result of the flooding, what would we expect to see in the market for wheat at the original equilibrium price


A) a surplus of wheat.
B) the quantity demanded equal to the quantity supplied.
C) a shortage of wheat.
D) an increase in the demand for wheat.

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