Assume That Corn and Soybeans Are Alternatives That Could Be

question 302

Multiple Choice

Assume that corn and soybeans are alternatives that could be grown by most farmers. An increase in the price of corn will

• A) increase the supply of corn.
• B) increase the supply of soybeans.
• C) decrease the supply of soybeans.
• D) decrease the supply of corn.
• E) have no effect on the supplies of corn and soybeans.

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Definitions:

DMP Reagent

A powerful oxidizing agent, Dess-Martin Periodinane, used in organic chemistry to convert primary alcohols to aldehydes and secondary alcohols to ketones with high selectivity.

TsCl

Tosyl chloride, a chemical reagent used to make alcohols more reactive by converting them into tosylates.

(R)-Butan-2-Ol

A specific enantiomer of butan-2-ol, which is a four-carbon alcohol with the hydroxyl group (-OH) located on the second carbon; the (R) configuration indicates its specific stereochemistry based on the Cahn-Ingold-Prelog priority rules.

Pyridine

A basic heterocyclic organic compound with the chemical formula C5H5N, used as a precursor to agrochemicals and pharmaceuticals, and as a solvent.