Which of the following is an outside incentive that forces managers to put forth maximal effort?

If a higher price for wheat decreases the quantity of corn being produced, which of the following describes what has occurred?

A) The supply of wheat increased and the supply of corn decreased. B) The quantity of wheat supplied increased and quantity of corn supplied decreased. C) The supply of wheat increased and the quantity of corn supplied decreased D) The quantity of wheat supplied increased and the supply of corn decreased. E) The supply of wheat decreased and the supply of corn decreased.

What will be the principal and most immediate effect on the supply or demand for raw cotton grown in the United States if new EPA regulation, which prohibit the use of certain pesticides and herbicides widely used by cotton farmers, are introduced?

A) Decrease in demand B) Decrease in supply C) Increase in demand D) Increase in supply