Assuming That Soybeans and Tobacco Can Both Be Grown on the Same

question 142

Multiple Choice

Assuming that soybeans and tobacco can both be grown on the same land, a decrease in the price of tobacco, other things being equal, causes a(n) :

• A) rightward shift of the supply curve for tobacco.
• B) upward movement along the supply curve for soybeans.
• C) rightward shift in the supply curve for soybeans.
• D) leftward shift in the supply curve for soybeans.

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Definitions:

Incentive

A thing that motivates or encourages someone to do something, often seen in psychology as a way to influence behavior.

Homeostasis

The process by which biological systems maintain stability and equilibrium while adjusting to changes necessary for survival.

Drive-Reduction Theory

A theory that postulates that the motivation for behavior arises from biological needs that drive an organism to seek homeostasis or a state of balance.

Blood Vessels Constrict

The narrowing of blood vessels, which can increase blood pressure and reduce blood flow to certain parts of the body.