If the price of cotton increases
A) consumers will buy more cotton clothes.
B) consumers will increase their purchases of clothing made of other materials.
C) clothing producers will stop making cotton clothes.
D) clothing producers will not be able to adjust their output.

Question

Quizplus · Accepted Answer

When the price of cotton increases, consumers are likely to seek alternatives, leading to an increase in purchases of clothing made from other materials.

If the Price of Cotton Increases