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Economists Derek Headey and Shenggen Fan Have Concluded That 60

Question 17

Multiple Choice

Economists Derek Headey and Shenggen Fan have concluded that 60 percent to 70 percent of the increase in corn prices is due to:


A) the use of corn as improved feed for cattle to avoid future outbreaks of "mad cow" disease.
B) the increasing cost of transportation.
C) the substitution of corn for higher profit-oriented crops.
D) the diversion of corn for biofuels production.

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