If Corn and Soybeans Are Alternative Crops Grown by Most

question 168

Multiple Choice

If corn and soybeans are alternative crops grown by most farmers, an increase in the price of corn, other things constant, is likely to _____

• A) increase the supply of corn.
• B) increase the supply of soybeans.
• C) decrease the supply of soybeans.
• D) decrease the supply of corn.
• E) decrease the demand for soybeans.

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Definitions:

Navajos

are a Native American people of the Southwestern United States, known for their rich cultural traditions, art, especially weaving, and their history of resilience and sovereignty.

Union Troops

Soldiers who fought for the Northern states during the American Civil War.

New Mexico Territory

The New Mexico Territory was an organized incorporated territory of the United States that existed from 1850 until 1912, when the remaining portion of the territory was admitted as the state of New Mexico.

Union Forces

The army and military resources of the United States (the North) during the American Civil War, battling against the seceding Confederate states.