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The Demand for Corn Increases

question 140

Multiple Choice

The demand for corn increases. As a result, the price of corn will ________, and the less elastic the supply of corn, the ________ will be the effect on the price.


Definitions:

Business Necessity

A legally established reason that allows employers to make decisions that might otherwise be considered discriminatory, such as in hiring or work assignments, if essential for the operation of the business.

Lilly Ledbetter Fair Pay Act

A U.S. law that reinforces workers' rights to fair pay, particularly addressing gender-based pay disparities.

Sexual Orientation Discrimination

Unfair treatment of an individual based on their sexual orientation, prohibited in many jurisdictions.

Defense Marriage Act

A U.S. federal law enacted in 1996 that defined marriage as a union between one man and one woman for federal purposes, but was ruled unconstitutional in parts by the Supreme Court in 2013.

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