Multiple Choice
Last year Pat was a soybean farmer and Chris was a corn farmer.This year,high demand for ethanol,an automobile fuel made from corn,causes the price of corn to increase.
Refer to the information above.Relative to last year,the price of soybeans is likely to be ______,and the price of corn is likely to be ______.
A) higher;higher
B) higher;lower
C) lower,higher
D) the same;higher
Correct Answer:
Verified
Correct Answer:
Verified
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