History

1 April, 16:51

In what way was Andrew Higgins's company an example of supply and demand during World War II?

A) When Higgins had a surplus of cotton, he sold it to the government for a low price.

B) When US military needed boats for transport, Higgins produced such boats.

C) When oil prices dropped, Higgins increased production of military supplies.

D) When tobacco crops failed, Higgins took advantage of the fewer crops and raised prices.

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