Suppose there is an earthquake that destroys several corn canneries. Which of the following would not be a direct result of this event?
A-Sellers would not be able to produce and sell as much as before at each relevant price.
B-The equilibrium price would rise.
C-Buyers would not be willing to buy as much as before at each relevant price.
D-The supply would decrease.
A-Sellers would not be able to produce and sell as much as before at each relevant price.
B-The equilibrium price would rise.
C-Buyers would not be willing to buy as much as before at each relevant price.
D-The supply would decrease.