Because of the increased importance of ethanol production as a source of gasoline, the price of corn has increased causing farmers to increase their acreage of corn away from other possible crops.This is known as

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The producer substitution effect refers to the concept that producers will switch to producing goods that become more profitable due to changes in relative prices. In this case, the increased importance of ethanol production has caused the price of corn to increase, leading farmers to switch their production towards corn and away from other possible crops. This is a result of the producer substitution effect.

Because of the Increased Importance of Ethanol Production as a Source