Multiple Choice
Dairy farmers use sawdust for milk cow bedding. What happened to the price of milk because of the housing slowdown in 2007?
A) The price of milk rose as the demand for milk rose.
B) The price of milk rose as the supply of milk decreased.
C) The price of milk fell as the demand for milk decreased.
D) The price of milk fell as the supply of milk increased.
Correct Answer:
Verified
Correct Answer:
Verified
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