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Using Supply/demand Analysis,explain the Reason That the Increased Production of Ethanol

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Essay

Using supply/demand analysis,explain the reason that the increased production of ethanol (a gasoline additive made from corn)is raising the price of tortillas (a type of bread made from corn).What effect would this price rise have on poor people?

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Definitions:

Probability Sample

In a probability sample, the units have a known and nonzero chance of being selected.

Representative Sample

A subset of a population that accurately reflects the members of the entire population.

Self-administered Questionnaires

Surveys or questionnaires that individuals complete on their own without interviewer guidance or interference.

Face-to-face Interviews

A method of quantitative or qualitative research where questions are asked directly to respondents in person, facilitating immediate and personalized responses.

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