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Sugarcane Can Be Used to Produce Both Granulated Sugar and Ethanol.Recent

Question 89

Multiple Choice

Sugarcane can be used to produce both granulated sugar and ethanol.Recent regulations in certain countries now permit a higher amount of ethanol to be added to gasoline.As a result of these changes, an economist would expect granulated sugar prices to ____, and quantity sold to ____.


A) rise; rise.
B) fall; fall.
C) rise; fall.
D) fall; remain the same.

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