Which of the following causes a decrease in the quantity demanded of Canadian wheat?
A) an increase in the price of U.S. wheat
B) an increase in the price of Canadian wheat
C) an increase in the number of farmers growing Canadian wheat
D) a decrease in the cost of producing Canadian wheat

Question

Quizplus · Accepted Answer

An increase in the price of Canadian wheat directly leads to a decrease in the quantity demanded, as per the law of demand, which states that, ceteris paribus, when the price of a good rises, the quantity demanded of that good falls.

Which of the Following Causes a Decrease in the Quantity