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Suppose that in a small town in July, the price of a loaf of bread was $2.50 and 1700 loaves were transacted. In the same
Suppose that in a small town in July, the price of a loaf of bread was $2.50 and 1700 loaves were transacted. In the same small town in August, the price of a loaf of bread was $2.29 and 1800 loaves were transacted. Which of the followingalonecan explain the change in the bread market from July to August?
Select one:
A.The supply of bread decreased.
B.The demand for bread increased.
C.The supply of bread increased.
D.The demand for bread decreased.
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