Question
What was a negative impact of "bonanza" farms?
a. output declined
b. farms got smaller
c. farms became disorganized
d. oversupply led to lower prices
i got D according to my book
heres what my book says: The farms' massive output caused problems, however. When the supply of a certain product rose faster than the demand, the market became glutted and prices fell.
a. output declined
b. farms got smaller
c. farms became disorganized
d. oversupply led to lower prices
i got D according to my book
heres what my book says: The farms' massive output caused problems, however. When the supply of a certain product rose faster than the demand, the market became glutted and prices fell.
Answers
Ms. Sue
OK. You're right, according to your book.
However my sources pointed out that because of the huge labor and machinery costs, the bonanza farms went broke when there was a drought or the price of wheat fell.
However my sources pointed out that because of the huge labor and machinery costs, the bonanza farms went broke when there was a drought or the price of wheat fell.