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 demand for sugar beets will decrease.
The demand for sugar beets will decrease.

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 cost of processing sugar beets will increase worldwide.
The cost of processing sugar beets will increase worldwide.

Answer 1

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

The price of sugar beets will increase.

This is because with the factory destroyed, the supply of processed sugar beets will decrease, which can lead to an increase in prices due to reduced availability.