According to "Corn Acres Expected to Soar in 2007; USDA Says Ethanol, Export Demand Lead to Largest Planted Area in 63 Years," all of the following occurred in response to the high demand for corn for the use in ethanol in 2006 except
A) Farmers increased corn acres in 2007.
B) Farmers decreased soybean acres in 2007.
C) Farmers decreased cotton acres in 2007.
D) The prices of soybeans and cotton decreased in 2007.

Question

Quizplus · Accepted Answer

The high demand for corn for ethanol use led to farmers reallocating their land to grow more corn, which resulted in decreased acres for other crops like soybeans and cotton. However, this shift in crop production would typically lead to higher prices for soybeans and cotton due to reduced supply, not lower prices as stated in option D.