asked 184k views
2 votes
What happened to the price
of cotton as production
increased?

asked
User Jiemurat
by
7.8k points

2 Answers

5 votes

Answer:

I don't know thats why am asking u

answered
User Scurker
by
7.8k points
3 votes

Answer:

As production increased, the price of cotton generally decreased due to the basic economic principle of supply and demand. With more cotton available on the market, buyers had more options and bargaining power, causing the price to fall. Additionally, increased production often led to oversupply and surpluses, further driving down prices.

Step-by-step explanation:

answered
User Aaraeus
by
8.4k points

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