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In what way was Andrew Higgins's company an example of supply and demand during World War II?

When Higgins had a surplus of cotton, he sold it to the government for a low price.
O When US military needed boats for transport, Higgins produced such boats.
O When oil prices dropped, Higgins increased production of military supplies.
O When tobacco crops failed, Higgins took advantage of the fewer crops and raised prices.

1 Answer

5 votes

Answer:

B: When US military needed boats for transport, Higgins produced such boats.

Step-by-step explanation:

I could be wrong but I'm like 90 percent sure

User Atul Yadav
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