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Farmers Can Use Their Land to Grow Soy Beans or Corn

Question 101

Multiple Choice

Farmers can use their land to grow soy beans or corn. If the price of corn rises,


A) the supply of soybeans increases.
B) the supply of corn increases and the corn supply curve shifts rightward.
C) the supply of corn increases.
D) the supply of soybeans decreases and the soybean supply curve shifts leftward.

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