Question

help please will medal

Answer 1

Which answer reaches a price issue? Some of them the demand is too high for the supply, and in other cases the supply is too high for the demand. Try to figure out which option would raise the price of the corn.

Answer 2

If you can figure out which options would cause the corn price to raise, you can eliminate those options. Start there.

Answer 3

Yes, option 3 will lower the price because demand is lower than supply, therefore the supply must be sold at a lower price to raise the demand.

Answer 4

Now figure out which option(s) will not affect the price, as in which options will reach equilibrium.

Answer 5

Well your goal is to find the scenario that lowers cost, right?

Answer 6

I can't find the original question, but if that is the case then #3 is correct.

Answer 7

Yes, in that case #3 is the correct answer.

Answer 8

Hope that helped!

Answer 9

no problem!