Cotton acreage in India during the current year has fallen by 15% as cotton growers have moved on to cultivation of other cash crops. This is the result of the cotton glut in world markets in postSeptember 2008 and the consequent slowdown in the world economy. But this scenario brought with it benefits to one segment of the industry yarn manufacturers as they got higher prices for their produce. Some yarn manufacturers too had stuck up on low priced cotton last year. The combined effect of all this is evident in the rise in net profits and net margins of yarn manufacturers. Which of the following is an inference which can be made from the facts stated in the above paragraph?
Question: The cotton industry grew tremendously post-September 2008.
Options:
A. true, B. false, C. uncertain
Answer: B