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)

Question

Responses

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.

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.

Answer 1

The most likely consequence in the next few months after the destruction of a sugar beet processing factory in a flood is:

The price of sugar beets will increase.

This is because the destruction of the processing factory would reduce the available processing capacity, leading to a decrease in supply. If the demand for sugar remains constant or increases, the reduced supply would likely drive up prices.