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The market for corn is currently in equilibrium. Which of the following is most likely to increase the equilibrium price of corn? a. a bountiful harvest b. increasing production of corn-based ethanol c.
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The market for corn is currently in equilibrium. Which of the following is most likely to increase the equilibrium price of corn? a. a bountiful harvest b. increasing production of corn-based ethanol c. decreasing household incomes and corn is a normal good d. a subsidy given by the government to growers of corn

User Karen Karapetyan
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I’m not sure this is a hard one.
User Chuck Savage
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