Difficulty: Easy
Correct Answer: if statement II is the cause and statement I is its effect.
Explanation:
Introduction / Context:
Weather shocks disrupt supply chains. Flood-like conditions reduce harvest, damage logistics, and raise prices. The pair asks whether the meteorological event (II) can immediately cause the price spike (I).
Given Data / Assumptions:
Concept / Approach:
Basic supply-demand logic: negative supply shock shifts the supply curve left, raising equilibrium prices, holding demand constant.
Step-by-Step Solution:
Verification / Alternative check:
Price data often spike after weather-induced crop losses; this matches the stem.
Why Other Options Are Wrong:
A reverses direction; C/D claim independence; here causality is direct.
Common Pitfalls:
Overlooking transport bottlenecks as part of the effective supply reduction.
Final Answer:
if statement II is the cause and statement I is its effect.
Discussion & Comments