here is three hope it makes ya laugh lol
Answer: C
. Supply of soybeans will increase and the supply of corn will decrease
Explanation:
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.
Shannon should go for a career in journalism.
Answer:
The intuition behind the real wealth effect is that when the price level decreases, it takes less money to buy goods and services. The money you have is now worth more and you feel wealthier. So, in response to a decrease in the price level, real GDP will increase.
Explanation:
