QUESTION IMAGE
Question
a new bird flu has wiped out a large number of chickens, reducing the available supply of eggs. what is likely to happen to the price of eggs?
una nueva gripe aviar ha acabado con una gran cantidad de gallinas, reduciendo la oferta de huevos disponible. ¿qué es probable que suceda con el precio de los huevos?
price will increase
el precio aumentará
price will decrease
el precio disminuirá
price will stay the same
el precio se mantendrá igual
price will fluctuate (go up and down)
el precio fluatuará
This is based on basic supply and demand principles. When the supply of a good (eggs) decreases while demand remains unchanged, the scarcity of the good drives its market price upward.
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Price will increase
El precio aumentará