Vegetable prices have suddenly gone up in the market.
What is the likely cause?
Show answer & explanation
Correct answer: C
Explanation
According to the basic economic principle of supply and demand, when the supply of a commodity drops significantly while demand remains constant or steady, its price increases rapidly.
Therefore, a sudden rise in vegetable prices is most logically caused by a great reduction in vegetable supply (due to crop damage, transportation issues, unseasonal rains, etc.).
Other options present extreme or unsupported assumptions.
Hence, the correct option is (C).