What is the correct answer?


Some farm land can be used to produce either corn or soybeans. If the demand for corn increases then:

A. The demand for soybeans should increase

B. The supply of soybeans should increase

C. The demand for soybeans should decrease

D. The supply of soybeans should decrease

Correct Answer :

D. The supply of soybeans should decrease

An increase in the demand for corn would raise the price of corn, causing some farmers to grow corn instead of soybeans. This reduces the supply of soybeans.}

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