The Most Plausible Reason Why Changes in the Price of Cotton

question 411

Multiple Choice

The most plausible reason why changes in the price of cotton can cause shifts in the supply curve for tobacco is:

• A) cigarette smokers often wear cotton shirts.
• B) when incomes rise, people consume more cotton and tobacco.
• C) firms can switch from growing tobacco to cotton and vice versa.
• D) tobacco is an input in the production of cotton.
• E) cotton and tobacco are unrelated markets in all ways.

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Definitions:

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The 36th President of the United States (1963–1969), known for his domestic policies, including the Great Society, and significant legislation on civil rights.