The USDA maintains ethanol has an impact on food prices. "Higher ethanol production definitely and directly raises the price of corn," said USDA economist Ephraim Leibtag. In the long run in the corn market, what is true if the production of ethanol increases?

Answers

Answer 1

Answer:

new corn farmers will enter the market and decrease the market price.

Explanation:

In regards to the information provided, it can be said that in a long term perspective if the production of ethanol keeps increasing then new corn farmers will enter the market and decrease the market price. This is because as ethanol production increases, so does the price of corn. This will continue up to a certain point were profitability for farmers is high and many new farmers will enter the market hoping to profit from the corn as well. All these new farmers will drastically increase the production of corn and as the supply of corn rises the prices will begin to fall.

Related Questions

If the Fed increases the discount rate, which of the following accurately describes the system, finally leading to a decline in money supply?
A. Excess reserves j: Reserves: Coans J: Deposits : Money supply
B. Reserves J: Excess reserves J: Loans J: Deposits ;Money supply
C LoansJ:DepositsJ:Reserves J:Excess reserves |: Money supply
D. Deposits J: ReservesJ:Excess reservesI:Loans J:Money'supply

Answers

Answer:

Explanation:

Reserves J: Excess reserves J: Loans J: Deposits ;Money supply

Darwin Inc. sells a particular textbook for $20. Variable expenses are $14 per book. At the current volume of 50,000 books sold per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:

Answers

Answer:

Fixed costs= $300,000

Explanation:

Giving the following information:

Selling price per unit= $20

Variable expenses= $14

Break-even point in units= 50,000

To calculate the fixed costs, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

50,000= fixed costs / (20 - 14)

50,000*6= fixed costs

Fixed costs= $300,000

If a firm is worried about distance, country risk, employee morale, intellectual property protection, legal issues, and obtaining specialized talent, then which option is likely the best for this firm

Answers

Options:

Offshore

Outsource

Keep in-house

Keep domestic

Answer: keep domestic

Explanation: The recruitment options embarked upon by firms may affect the policies or type of processes the firm's employ in overseeing their recruitment process. For firms who seems skeptical about issues relating to distance, legal issues, country risk, morale and other issues listed above, such firms will best be better placed to oversee a hiring process which is restricted to the local environment which the firm is well informed about and devoid of international and legal barriers, oversea culture and mentality which may hamper or affect the required hiring structure of the firm.

Tesco was forced to restate its earnings for the first half of 2014 to 431 million USD because senior managers in the UK food business had booked income early and delayed the booking of costs in order to improve appearances of financial performance. This scandal results from ____________ and __________.

Answers

Answer:

Poor governance and Control

Explanation: The overstatement of profit made by TESCO, a renowned grocery chain in the U. K could largely be traced to the poor internal structure governing the setup which demonstrated high level of ineptitude in the control and anchoring the of the firm's activities. In a bid to increase profit and market standing, TESCO embarked on an aggressive financial strategy whereby income was doctored and suppliers tricked into making payment in other to up the company's earning figure. This act explains how disjointed the upholding structure within the company was at the time.

Other Questions

A bag of marbles contains 4 green marbles, 3 blue marbles, 2 red marbles, and 5 yellow marbles. How many total possible outcomes are there when choosing a marble from the bag? How does increasing frequency affect the crests of a wave?They get higher.They get closer together.They get lower.They get farther apart. If point Q is reflected across x = 1, what are the coordinates of its reflection image? Characteristics of Epic Poetry What is the slope of the line ? the name for geographically wide-ranging group of peoples and states ruled by a single government is a Match these items. Match the items in the left column to the items in the right column. 1. collusion agreement between two or more people to limit competition and earn higher profits 2. competition degree of excellence for something, such as a product 3. customer service money left after all expenses are paid 4. profit contest between rivals 5. quality service provided to consumers during and after the buying process the sum of the first term of an ap is 240 and the sum of the next 4 term is 220 find the first term of the ap Given the variable ip, already declared as a pointer to an integer, write the code to dynamically allocate memory for a single integer value, assign the resulting pointer to ip, and initialize the integer value to 27. BP measuring machine is an example of __________ A)Computing deviceB)Medical device C)Embedded machine D)None of these Please help. Ill mark you as brainliest if correct! Question 10 of 10Which set of polar coordinates are plotted in the graph below? A transportation company from State A sued a tourism company from State B in federal court for breach of contract seeking $76,000 in damages. The transportation company filed an appropriate demand for a jury trial, and both parties stipulated that the jury would consist of 10 people. Following the trial and deliberations, nine of the jurors voted in favor of the plaintiff for $29,000 in damages, but one juror voted for the defendant. The defendant appealed. On which of the following grounds would the defendant most likely prevail on appeal? A The court lacked subject matter jurisdiction because the verdict did not exceed $75,000. B The court lacked personal jurisdiction. C The ruling was defective because the jury's vote was not unanimous. D The ruling was defective because it was rendered by fewer than 12 jurors. In which chapter would a reader find information on seeking support? Fear and Its Effects Free from Fear Just Say "No!" to Fear Seeking Support please solve this using quadratic formula :") Construct a polynomial function with the stated properties. Reduce all fractions to lowest terms. Second-degree, with zeros of 7 and 6, and goes to as x. A particle moves in a velocity field V(x, y) = x2, x + y2 . If it is at position (x, y) = (7, 2) at time t = 3, estimate its location at time t = 3.01. 24 t 1,507 lb 12 oz + 7 t 938 lb 6 oz Andy designed a web page for a product-oriented industry using CSS properties. He used several HTML tags to create the web page. He also used tables to ensure that the data is easily managed. Andy wants the borders to be distinctly visible for each cell in the product details table. Which of the following properties must Andy add to his code to accomplish his goal? A. border-spacing: length; B. border-collapse: separate; C. border-collapse: collapse; D. border-spacing: initial; The Home minister........ in Surkhet this morning.(arrive)