If the world price of cotton falls, firms will be less willing to supply cotton. Therefore, fewer cotton firms may open, or few people will be employed in the cotton-producing industry; therefore, the demand for labour for cotton-producing firms in South Carolina will decrease.
Since the world price of cotton falls, a textile-producing firm in South Carolina which uses cotton as only one aspect of their textiles, textile firms can buy more cotton since it's cheaper and will reduce costs. Since this is the case, the demand for cotton will increase. Because of this, more textiles need to be made, and so the demand for labour increases as a result.
The unemployment resulting from such sectoral shifts in the economy is best described as structural since demand for labour is decreasing in the primary sector and increasing in the secondary sector of the industry.<span>
</span>
The purpose of the adrenoline hormone is to prepare our bodies for a fight or flight reaction when confronted with a stressful situation. True
The answer to this is letter "B".
Long-term assets are the term capital mean in the context of making capital expenditure decisions
Funds used by a business to purchase, improve, and maintain tangible assets including land, buildings, machinery, plants, and other property are known as capital expenditures. Capital expenditures is frequently utilized by businesses to launch new initiatives or investments. Repairing a roof (if it extends the usable life of the roof), buying equipment, or constructing a new factory are all examples of capital expenditures on fixed assets. These kinds of financial investments are made by businesses to broaden the scope of their activities or to provide some potential economic benefit.
Capital expenditures are payments made for products or services that are recorded or capitalized on a business's balance sheet as opposed to being deducted from earnings.
Learn more about Capital expenditures here
brainly.com/question/16001079
#SPJ4
