Answered

Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

If the price of agricultural land decreases, everything else being equal, the supply of corn increases.
O True
O False

Sagot :

GinnyAnswer

Final answer:

When agricultural land prices decrease, the supply of corn increases, making the statement true.


Explanation:

True. When the price of agricultural land decreases, farmers may opt to switch to growing crops like corn that they perceive as more profitable due to the lower land cost. This increase in land dedicated to corn cultivation leads to an increase in the supply of corn.


Learn more about Agricultural Economics here:

https://brainly.com/question/30763870


Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.