Question

A farmer produces both corn and wheat. If the price of corn increases, the farmer will supply _____ wheat. more less the same amount of

Answer 1

The answer would be "more" "A farmer produces both orn and wheat. If the price of corn increases, the farmer will supply MORE wheat." Hope this helps! Have a good day

Answer 2

Option B.

Step-by-step explanation:

“Less”, is the right answer.

The farmer will supply “less” of wheat because there is a direct relationship between price and supply of goods and services. Since the farmer is producing corn and wheat. So, the increase in the price of corn will induce him to supply more quantity of corn. However, in order to reap profit, the farmer will increase the supply of corn and decrease the supply of wheat.