The demand curve for rice will shift to the right if Weather

The demand curve for rice will shift to the right if:

Weather conditions improve
Vietnam Japan Sr pV 0 Figure 2.3. Absolute Advantage in the Rice Market

Solution

The rightward shift of the demand curve is the increase in the demand for the rice. Given the options the income is the only determinant of the demand. So when the income increases the people have more money to spend so they increase the cosnumption of rice and the demand increases and the demand curve shifts to the right.

Ans: Household income increases.

The other given options are determinants of supply.

The demand curve for rice will shift to the right if: Weather conditions improve Vietnam Japan Sr pV 0 Figure 2.3. Absolute Advantage in the Rice Market Solutio

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