Final answer:
A severe drought that destroys the wheat crop in several areas of the United States would lead to a decrease in the supply of wheat and an increase in its price.
Step-by-step explanation:
A severe drought that destroys the wheat crop in several areas of the United States would have a significant impact on the market for wheat.
Since the supply of wheat would decrease due to the drought, the quantity of wheat available in the market would decrease. This would result in an increase in the price of wheat due to the limited supply.
Consumers would likely face higher prices for wheat-based products, such as bread and pasta, and farmers may experience financial losses due to the reduced crop yield.