Multiple Choice
Many Southern farmers face a choice between planting peanuts or cotton.In 2011,farmers anticipated higher prices for cotton.In the market for peanuts in 2011,there would be ________ in the supply of peanuts,which leads to ________ in the price of peanuts and ________ in the quantity of peanuts.
A) a decrease; an increase; a decrease
B) an increase; a decrease; a decrease
C) a decrease; an increase; an increase
D) an increase; an increase; a decrease
Correct Answer:
Verified
Correct Answer:
Verified
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