A town's large sugar beet processing factory is destroyed in a flood. Which of the following is a likely consequence in the next few months?(1 point) Responses The cost of processing sugar beets will increase worldwide. The cost of processing sugar beets will increase worldwide. The price of sugar beets will increase. The price of sugar beets will increase. The farmers near the town will immediately plant more sugar beets. The farmers near the town will immediately plant more sugar beets. The demand for sugar beets will decrease. The demand for sugar beets will decrease.
1 answer
The most likely consequence in the next few months after the destruction of a large sugar beet processing factory due to a flood is that the price of sugar beets will increase.
This is because the flood decreases the processing capacity, leading to a potential shortage in the sugar beet supply chain. As processing becomes limited, the demand for sugar beets might not change immediately, but the reduced ability to process them can drive prices up.
