Suppose that an increase in production costs decreases the supply of wheat, such that less wheat is supplied at each price level. the new equilibrium price (after the decrease in supply) is

a $4
b $5

Why did the south think that its secession from the union would succeed? a. the confederate army was larger than the union army. b. european nations had promised to support the south. c. the south only had to defend itself against the north, not defeat it.