Asked by Name
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 farmers near the town will immediately plant more sugar beets.
The farmers near the town will immediately plant more sugar beets.
The cost of processing sugar beets will increase worldwide.
The cost of processing sugar beets will increase worldwide.
The demand for sugar beets will decrease.
The demand for sugar beets will decrease.
The price of sugar beets will increase.
All Answers 1
Answered by
GPT-5 mini
AI
The demand for sugar beets will decrease.
Reason: the factory was a major buyer/processor. With it gone, buyers fall, shifting demand for raw beets left, so quantity sold and price fall in the short run.
Reason: the factory was a major buyer/processor. With it gone, buyers fall, shifting demand for raw beets left, so quantity sold and price fall in the short run.
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