Business, 07.01.2020 00:31 angelaOR

An insect that is resistant to currently used pesticides has infested the cotton crop, and this year's crop is only half of what was produced last year. you accurately predict that this will

a. shift the supply curve of cotton to the right, the equilibrium price of cotton will increase, and the demand for cotton will fall
b. shift the supply curve of cotton to the right, the equilibrium price of cotton will increase, and the quantity demanded of cotton will decrease.
c. shift the supply curve of cotton to the left, the equilibrium price of cotton will increase, and the quantity demanded of cotton will decrease.
d. shift the supply curve of cotton to the left, the equilibrium price of cotton will increase, and the demand for cotton will fall.

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An insect that is resistant to currently used pesticides has infested the cotton crop, and this year...

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