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Author Question: Many Southern farmers face a choice between planting peanuts or cotton. In 2014, farmers anticipated ... (Read 117 times)

sammy

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on: Jun 29, 2018
Many Southern farmers face a choice between planting peanuts or cotton. In 2014, farmers anticipated higher prices for cotton.
 
  In the market for peanuts in 2014, there would be ________ in the supply of peanuts, which leads to ________ in the price of peanuts and ________ in the quantity of peanuts. A) a decrease; an increase;a decrease
  B) an increase; a decrease; a decrease
  C) a decrease; an increase; an increase
  D) an increase; an increase; a decrease

Question 2

Refer to the scenario above. Suppose the interest rate is 5 percent. In this case, you will have ________ in your account after one year.
 
  A) 533
  B) 546
  C) 550
  D) 580


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quynhmickitran

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


sammy

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

amcvicar

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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