Supply and Demand Effects farmers in various ways:
- Demand Increase: Price increases, Quantity increases.
- Supply Increase: Price decreases, Quantity increases.
- Demand Decrease: Price decreases, Quantity decreases.
- Supply Decrease: Price increases, Quantity decreases.
<u>Explanation:</u>
Supply and demand, as well as market prices, will rise and fall until they achieve a balance, which is called market equilibrium. As a response to decline the sales, farmers will have to lower the prices until the demand for product increases.
If a farmer set a price which is too high, thus the demand will decrease. If the market price is high, the interest of producers for a certain product or service will increase.
"<span>C. He believed strongly in the Union and the power of compromise in balancing rights" is the best answer. Calhoun was a fan of strong national government early on, but then switched to favoring states' rights. </span>
Many former salves expected the federal government to give them a certain amount of land as compensation for all the work they had done during the slave era. During Reconstruction, however, the conflict over labor resulted in the sharecropping system, in which black families would rent small plots of land in return for a portion of their crop, to be given to the landowner at the end of each year.
It's true you had cotton wheat and lots of cash crops
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