In May 2008, Switzerland co-hosted the international soccer tournament Euro 2008. At that time, the Swiss potato industry association had been warning there could be a fry shortage because there was a potato shortage
The shortage meant that in the French fry market A) the price for French fries would be higher.
B) the price for French fries would be lower.
C) if the efficient quantity of fries is produced, total surplus would be minimized.
D) if the inefficient quantity of fries is produced, total surplus would be maximized.
A
Economics
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