"Higher Ethanol Production Definitely and Directly Raises the Price of Corn

question 473

Multiple Choice

"Higher ethanol production definitely and directly raises the price of corn," said USDA economist Ephraim Leibtag. In the short run in the corn market, what is TRUE if the production of ethanol increases?

• A) The demand curve for individual corn farmers will shift upward.
• B) The price individual corn farmers receive will decrease.
• C) The total cost curve for individual corn farmers will shift upward.
• D) The marginal cost curve for individual corn farmers will shift downward.

---

Definitions:

CINAHL

An acronym for the Cumulative Index to Nursing and Allied Health Literature, a comprehensive database of nursing and allied health journals.

PubMed

A free search engine accessing primarily the MEDLINE database of references and abstracts on life sciences and biomedical topics.

MEDLINE

A comprehensive database containing references and abstracts from biomedical and life sciences journals.

Cochrane Database

A comprehensive collection of databases in medicine and other healthcare specialties, providing high-quality evidence to aid in decision-making.