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Producing Ohio: Creating Our Economy
Online Activities

The Changing Price of Corn

1. A long winter and a very rainy spring prevented many farmers in the Midwest from planting their corn crops.

A. Will the situation change the supply or change the demand for corn?

Supply

Demand

B. Will the situation cause the demand or supply to increase or decrease?

Increase

Decrease

C. Will the situation result in an increase or decrease in the market price of corn?

Increase Market Price

Decrease Market Price

All three questions must be answered correctly to continue.

  

Supply and Demand Graph

=Supply
=Demand

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