The supply of commodity II increasing from S 1 S 1 to S 2 S…

Economics JAMB 2000

The supply of commodity II increasing from S 1 S 1 to S 2 S 2

  • Moves the price below OP 2
  • Leads to a fall in price from OP 1 to OP 2 checkmark
  • Increases the price from OP 2 to OP 1
  • Moves the price to OP 1

The correct answer is: B

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