SSC MTS EXAM

SSC

GENERAL ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In 2002 the world price of cocoa was higher than in 2001.Which combination of changes in the demand for and the supply of cocoa would always lead to arise in price?
A
demand for cocoa highersupply of cocoa higher
B
demand for cocoa higher supply of cocoa lower
C
demand for cocoa lowersupply of cocoa higher
D
demand for cocoa lowersupply of cocoa lower
Explanation: 
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