Suppose the Cost of Growing Organic Corn Has Risen at the Same

Multiple Choice

Suppose the cost of growing organic corn has risen at the same time as consumer preference for organic corn has fallen.In the market for organic corn, this would be represented by the equilibrium price ________ and the equilibrium quantity ________.

A) increasing; increasing or decreasing
B) increasing or decreasing; decreasing
C) decreasing; increasing or decreasing
D) increasing or decreasing; increasing