If a Decrease in the Demand for Corn Leads to Economic

question 168

Multiple Choice

If a decrease in the demand for corn leads to economic losses for corn farmers,

• A) some existing corn farmers will exit the industry.
• B) the price of corn will remain low in the long run due to the economic losses.
• C) the suppliers of corn will suffer long-run economic losses.
• D) all of the above are correct.

---

Definitions:

Fewer Formats

The principle or practice of limiting the number of different formats or types used in a document, presentation, or system to simplify design and compatibility.

Sensitivity Level

A measure indicating the degree of protection required for data, based on its potential to cause harm if disclosed or misused.

Message Header

A component of an electronic message that contains metadata such as sender, recipient, and subject.

Subject Line

The title or headline of an email that indicates the message’s content and purpose.