Asked by
venus de guzman
on Dec 12, 2024Verified
If the price of cotton increases
A) consumers will buy more cotton clothes.
B) consumers will increase their purchases of clothing made of other materials.
C) clothing producers will stop making cotton clothes.
D) clothing producers will not be able to adjust their output.
Cotton Clothes
Apparel manufactured from cotton fibers, known for their comfort, breathability, and durability.
- Comprehend the correlation between the prices of resources and the expense associated with goods and services.
- Project the impact of variations in the external market on resource availability and needs.
Verified Answer
DE
Learning Objectives
- Comprehend the correlation between the prices of resources and the expense associated with goods and services.
- Project the impact of variations in the external market on resource availability and needs.