If corn and cotton are substitutes in production, a fall in the price of corn will cause the supply of cotton to ______

Respuesta :

If corn and cotton are substitutes in production, a fall in the price of corn will cause the supply of cotton to increase.

What is substitutes in production?

Two or more products that can be created using the same resources are considered substitutes-in-production. Sellers are prevented from using resources to make another good when they produce one. Produce either the first or the second, but not both. Producing alternative crops like corn or soybeans is a common challenge for farmers.

Therefore,

If corn and cotton are substitutes in production, a fall in the price of corn will cause the supply of cotton to increase.

To learn more about substitutes in production from the given link:

https://brainly.com/question/15187493

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