Suppose farmers in a given market can either grow soy beans or corn on their land. In addition, suppose an increase in the demand for corn causes the price of corn to increase. In the long run, this increase in the demand for corn is likely to ________ the price of soy beans.

A. have an ambiguous effect on
B. lead to an increase in
C. lead to a decrease in
D. have no effect on


Answer: B

Economics

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