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Varvara68 [4.7K]
3 years ago
13

ASAP PLEASE!!!!

Advanced Placement (AP)
1 answer:
prisoha [69]3 years ago
4 0

Answer:

what were the answers?

Explanation:

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Land in the United States can be used to produce either soybeans or corn. The price of soybean fertilizer has fallen due to chea
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Soybean fertilizer is an integral input in the farming of soybean so with the price of soybean fertilizer decreasing, it will be cheaper to grow soybean as opposed to corn.

Farmers will therefore farm more soybeans than corn to benefit from this lower cost and so will farm less of corn as they can only farm one at a time. This will lead to an increased supply of soybean and a reduced supply of corn.

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The economic concept of scarcity.

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In economics, <em>scarcity</em><em> </em>represents the phenomenon of <em>limitless</em> <em>wants</em> suppressed by <em>limited</em><em> </em><em>resources</em>.

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This typical economic problem can be solved by moderating one's wants and clearly identifying what is priority from what is not, then intelligently making decisions on what available resources should be spent.

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4 years ago
HELP ASAP<br> DUE IN 5 MINS
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2 equally sloped side= shed

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You said it's free response and all we had to do was answer so here's me doing the bare minimum. Lol.

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