Answers CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY PretestQuestion 9

9

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Question 9 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

The supply of corn and spinach has been impacted by a natural disaster. What is most likely to occur to the price of these crops?

Answer

A

Prices of corn and spinach will decrease because farmers will not want to sell them.

B

Prices of corn and spinach will increase because supplies will be limited.

C

Prices of corn and spinach will increase because supplies will increase.

D

Prices of corn and spinach will decrease because consumers will avoid buying these goods.

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