An increase in the price of fuel and fertilizer used for corn would cause farmers to increase corn production in an effort to make up for lost profits.

Question

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If the price of fuel and fertilizer increases, it would make the cost of production for corn higher. This would in turn reduce profits for farmers, and they would be less likely to increase corn production. They may even reduce production or switch to a different crop that may be more profitable.

An Increase in the Price of Fuel and Fertilizer Used