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The A index is a proxy for the world price of cotton. From January to October 2010, the price reflected by the A index increased

The "A" index is a proxy for the world price of cotton. From January to October 2010, the price reflected by the "A" index increased by about 50%.

On the following graph, shift the supply curve to show what may have caused the increase in the price of cotton.

Another possible explanation for this increase in the price of cotton is a leftward or rightward shift of the demand curve.

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he Homework (Ch 08) and Study Tools ptions O Supply success Tips Demand access Tips Supply "A" INDEX PRICE OF COTTON back Demand QUANTITY OF COTTON here to search O Ei N W

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