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13 September, 08:59

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

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  1. 13 September, 11:27
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    I'm not sure this is a hard one.
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