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Homework answers / question archive / What will happen to the equilibrium price and the equilibrium quantity of corn when the prices of corn seed and fertilizer fall? A

What will happen to the equilibrium price and the equilibrium quantity of corn when the prices of corn seed and fertilizer fall? A

Economics

What will happen to the equilibrium price and the equilibrium quantity of corn when the prices of corn seed and fertilizer fall?

A. The equilibrium price will rise and the equilibrium quantity will fall.

B. The equilibrium price will fall and the equilibrium quantity will rise.

C. The equilibrium price and the equilibrium quantity will rise.

D. The equilibrium price and the equilibrium quantity will fall.

Option 1

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