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Alekssandra [29.7K]
3 years ago
11

True or false: suppose that the hypothetical country of paddyland has a chronic scarcity of rice, its staple grain. this implies

that if paddyland has a market economy, rice will be available only for a price.
Business
1 answer:
ValentinkaMS [17]3 years ago
3 0

If Paddyland was a true market economy with no government interaction, then a scarcity of rice would mean that the price of rice would go up until the level of supply and demand evened out.

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