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Farmers can produce soybeans or tobacco. If they expect the relative price of soybeans to increase in the future, then which of the following occurs?
Farmers can produce soybeans or tobacco. If they expect the relative price of soybeans to increase in the future, then which of the following occurs? Group of answer choices A. The supply of soybeans will increase, and the supply of tobacco will increase. B. The supply of soybeans will increase, and the supply of tobacco will decrease. C. The supply of soybeans will decrease, and the supply of tobacco will increase. D. The supply of soybeans will decrease, and the supply of tobacco will decrease
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