Question

Even though there are about 15 percent more acers planted in corn rather than soybeans in the United States, corn sales are 63.9 billion annually compared to soy's revenue of 37.6 billion. This indicates which of the following?

Answer 1

C

Step-by-step explanation:

If the total acreage is only +15% then either the yield or price (or both) must be higher to account for the price difference