Question

What do you suppose were the likely short-run adjustments to the removal of the cotton subsidy by Egyptian farmers who continued to devote all of their lands to agricultural crops?

Short answer

In the short-run adjustments to the removal of the cotton subsidy by Egyptian farmers who continued to devote all of their lands to agricultural crops were due to the elimination of the subsidy.

Step-by-step solution

Given Information

In the Short-run time frame, Egyptian ranchers altogether marked down their cotton supply as the value they were getting diminished impressively because of the end of the endowment.

Explanation

the supply curve of the cotton rancher was more than unit-versatile. This is on the grounds that; there was less contribution of fixed cost which incorporates machines, building and so forth. There was just agribusiness land which was a decent capital. Fixed cost, later on, could be utilized for some other use as opposed to creating the main cotton.