The Most Plausible Reason Why Changes in the Price of Cotton

question 6

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.

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Definitions:

Short Constructions

Short constructions are concise phrases or sentences used to communicate ideas succinctly and clearly.

Instructive Format

A method of presenting information designed to teach or guide the audience through content or procedures.

Hierarchy

Hierarchy is a system in which members of an organization or society are ranked according to relative status or authority.

Consistency

The quality of maintaining uniformity, coherence, and reliability in actions, processes, or results over time.