Suppose There Is a Decrease in the Price of Corn

question 41

Multiple Choice

Suppose there is a decrease in the price of corn.If corn is an input into the production of ethanol,we would expect the supply curve for ethanol to

• A)shift rightward.
• B)shift leftward.
• C)become flatter.
• D)remain unchanged.

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Definitions:

Collective Intelligence

The shared or group intelligence that emerges from the collaboration, collective efforts, and competition of many individuals and appears in consensus decision making.

Algorithmic Tracking

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Interruption-Disruption Model

A theory describing how new technologies or practices can displace established ones by interrupting the status quo.

Social Entertainment

Definition: Forms of entertainment created, shared, and engaged with in a social context, often involving digital platforms and interaction among users.