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In 2010 Russia was affected by a significant draught. Russia is a major producer and exporter of several agricultural commodities.

As a result of the draught, Russia reduced some of its agricultural exports. In the context of the world supply/demand model for the affected agricultural commodities we should observe:

 a. Reduced demand and reduced supply 

 b. Reduced supply and unchanged demand 

 c. Reduced supply and increased demand 

 d. Increased supply and unchanged demand 

 e. Increased supply and reduced demand 

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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/05/13
Salvatore Augello
by Salvatore Augello , owner , A.S. Trade & Consult

answer C ______________________________________

Mohammed Fathe  Shaheem
by Mohammed Fathe Shaheem , Operation Executive , Arabian Construction Company

B-----------------------------------------------------

Jyothi S
by Jyothi S , HSE&S Coordinators , Leading Energy Company

Answer C. 

Reduced supply and increased demand

husnain tayyab
by husnain tayyab , accountant , Meezan bank ltd

the answer is c correct of this question

Bello Abubakar
by Bello Abubakar , Cinema 4D Render/Sketch UP, AutoCAD, ArchiCAD and Revit Specialist , Federal Housing Authority

B......................................................

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Answer is option _____________________b

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

  1. The correct answer was: b. Reduced supply and unchanged demand.

Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

 b. Reduced supply and unchanged demand..........................................

Deleted user
by Deleted user

B

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Thanks

Khaled Anwar
by Khaled Anwar , Senior Sales Engineer , "Automotive company''

The answer is : Option ( B )

b. Reduced supply and unchanged demand 

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