Question
Due to last year's serious price hike, suppose, government has decided to import huge amount of onions from foreign coutries and at the same time
Due to last year's serious price hike, suppose, government has decided to import huge amount of onions from foreign coutries and at the same time farmers are expecting better harvest of onions. If the demand for onion remains the same. Which of the following is/are true:
Quantity demanded increases
Quantity demanded decreases
Demand for onion increases
Demand for onion decreases
Supply of onion increases
Quantity supplied of onion decreases
Quantity supplied of onion increases
Supply of onion decreases
Equilibrium Quantity increases
Equilibrium Quantity decreases
Equilibrium Price increases
Equilibrium Price decreases
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