Land Used to Grow Corn Could Also Be Used to Grow

question 160

Multiple Choice

Land used to grow corn could also be used to grow soybeans. Which of the following is true when the farmer plants soybeans and the market price of corn rises?

• A) The opportunity cost of producing soybeans decreases.
• B) The opportunity cost of producing soybeans increases.
• C) There will be no change in the opportunity cost of producing soybeans.
• D) The opportunity cost of producing corn increases.

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Definitions:

Linear Fashion

Refers to processes that proceed in a straight, sequential manner, addressing tasks one after the other.

Organic

Relating to methods or materials that are natural or not synthetic, particularly in agriculture; also refers to content that gains attention without paid promotion.

Steganography

The practice of concealing messages or information within other non-secret text or data.

Medium

Medium refers to a channel or tool used for communication or dissemination of information, such as a digital platform, printed material, or verbal communication.