A severe drought results in a drastic fall in the output of wheat. Analyze how it will affect the market price of wheat.
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- A severe drought results in a drastic fall in the output of wheat. Analyze how it will affect the market price of wheat.
A severe drought results in a drastic fall in the output of wheat. Analyze how it will affect the market price of wheat.
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Dilip kumar
Market price of wheat will increase (due to decrease in supply).