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Author Question: Relating to the Economics in Practiceon page 252: Which of the following would be an expected result ... (Read 55 times)

stock

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Relating to the 
Economics in Practice on page 252: Which of the following would be an expected result of increased government subsidies for ethanol, a fuel produced from corn?


◦ an increase in the price of gasoline made in part from ethanol
◦ an increase in the price of land used to farm corn
◦ decreases in the price of land used to farm grains other than corn
◦ a decrease in the production of corn relative to other grains


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Marked as best answer by stock on Apr 19, 2019

recede

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