Which of the Following Is a Reason the Prices of Food

question 25

Multiple Choice

Which of the following is a reason the prices of food have risen worldwide?

• A)The prices of energy have increased.
• B)Fertilizer prices never rose to keep up with market demand.
• C)Lower demand for food worldwide led to increasing food prices.
• D)Flat or diminishing demand for nitrogen led to increasing food prices.

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Definitions:

Quality Issues

Refers to problems related to the standard or excellence of products or services, often leading to customer dissatisfaction.

Licensing Agreement

The payment by a local firm to a foreign firm for rights to make or sell its products.

Specified Region

A particular area or district that is delineated for a specific purpose or activity.

World Trade Organization

A global organization whose member nations agree to negotiate and resolve disputes about tariffs and trade restrictions.