asked 215k views
1 vote
The market for corn is currently in equilibrium. Which of the following is most likely to increase the equilibrium price of corn? a. a bountiful harvest b. increasing production of corn-based ethanol c. decreasing household incomes and corn is a normal good d. a subsidy given by the government to growers of corn

1 Answer

3 votes
I’m not sure this is a hard one.
answered
User Chuck Savage
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8.0k points
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