Multiple Choice
Sugarcane can be used for producing both sugar and ethanol.New regulations in certain countries now allow a higher level of ethanol in gasoline.An economist would expect sugarcane prices to ____, and quantity sold to ____.
A) rise; rise.
B) fall; fall.
C) rise; fall.
D) fall; remain the same.
Correct Answer:
Verified
Correct Answer:
Verified
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