Recall the Application About the Break-Even Price for Growing Switchgrass

question 38

Multiple Choice

Recall the Application about the break-even price for growing switchgrass, a perennial grass that is native to the U.S. plains states and is used to create biofuel, to answer the following question(s) .
-Recall the Application.Which of the following statements is true about the implications of getting some North Dakota farmers to switch their crops to switchgrass?

• A) The higher the price, the larger the acreage devoted to switchgrass.
• B) The lower the price, the greater the amount of farmers who would switch their crops to switchgrass.
• C) There are no farmers willing to switch their crops to switchgrass.
• D) There is no fertile land in North Dakota to grow switchgrass.

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