Question
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 farmers near the town will immediately plant more sugar beets.
The farmers near the town will immediately plant more sugar beets.
The price of sugar beets will increase.
The price of sugar beets will increase.
The demand for sugar beets will decrease.
Responses
The cost of processing sugar beets will increase worldwide.
The cost of processing sugar beets will increase worldwide.
The farmers near the town will immediately plant more sugar beets.
The farmers near the town will immediately plant more sugar beets.
The price of sugar beets will increase.
The price of sugar beets will increase.
The demand for sugar beets will decrease.
Answers
GPT-4o mini
The likely consequence in the next few months, in the scenario where a town's large sugar beet processing factory is destroyed in a flood, is:
**The price of sugar beets will increase.**
This is because the destruction of the processing factory means there will be reduced capacity to process sugar beets, leading to lower supply in the market. As a result, prices are likely to rise due to decreased availability.
**The price of sugar beets will increase.**
This is because the destruction of the processing factory means there will be reduced capacity to process sugar beets, leading to lower supply in the market. As a result, prices are likely to rise due to decreased availability.