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Determinants of Supply - Sellers by cassrynne on 07-15-2008
When the number of sellers falls, the supply should decrease.
Good afternoon. I would just like to ask you about the possible reason of massive rice shortage?
This is primarily because of the low number of suppliers of rice in the market. The market supply is not able to fulfill the market demands.
What do you think our government should do to remedy this situation?
I think that we should allocate more funds to the production of rise, so we'll be able to meet the demands of the people.
Thank you very much for your keen answer.
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