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Worldwide demand for corn has remained flat for the past five years, as has the production and the price of corn. Yet, last year, corn growers reported a 15 percent increase in profits over the previous year’s level.
Which of the following statements, if true, would most resolve the discrepancy outlined above?
A. Many countries are pursuing alternative fuel plans based on ethanol, a corn based alcohol.
B. Demand for wheat, barley, and rice has also remained flat for the past five years.
C. There are fewer family farms and more large corporate farms today than there were five years ago.
D. A new machine allows corn growers to cut harvesting time by a third and save money on expensive labor costs.
E. Some corn produced in the last year has not been sold and has gone to waste.
Which of the following statements, if true, would most resolve the discrepancy outlined above?
A. Many countries are pursuing alternative fuel plans based on ethanol, a corn based alcohol.
B. Demand for wheat, barley, and rice has also remained flat for the past five years.
C. There are fewer family farms and more large corporate farms today than there were five years ago.
D. A new machine allows corn growers to cut harvesting time by a third and save money on expensive labor costs.
E. Some corn produced in the last year has not been sold and has gone to waste.
30 Aug 2022, 22:29
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Post subject: Worldwide demand for corn has remained flat for the past five years Post Posted: Aug 30, 2022 3:00 pm
Worldwide demand for corn has remained flat for the past five years, as has the production and the price of corn. Yet, last year, corn growers reported a 15 percent increase in profits over the previous year’s level.
Which of the following statements, if true, would most resolve the discrepancy outlined above?
A. Many countries are pursuing alternative fuel plans based on ethanol, a corn based alcohol.this would mean the demand has increased. But we are told demand has not increased. doesn't resolve the discrepancy
B. Demand for wheat, barley, and rice has also remained flat for the past five years.irrelevant. we are not concerned about it. Even if this leads to increase in demand of corn we are told demand has remained flat. we cannot go against the argument facts.
C. There are fewer family farms and more large corporate farms today than there were five years ago.out of scope/irrelevant. doesnt matter what farms do
D. A new machine allows corn growers to cut harvesting time by a third and save money on expensive labor costs this shows that production expenses have reduced. which directly relates to increased profits. hence the answer.
E. Some corn produced in the last year has not been sold and has gone to waste.this would be a loss not profit.
Post subject: Worldwide demand for corn has remained flat for the past five years Post Posted: Aug 30, 2022 3:00 pm
Worldwide demand for corn has remained flat for the past five years, as has the production and the price of corn. Yet, last year, corn growers reported a 15 percent increase in profits over the previous year’s level.
Which of the following statements, if true, would most resolve the discrepancy outlined above?
A. Many countries are pursuing alternative fuel plans based on ethanol, a corn based alcohol.this would mean the demand has increased. But we are told demand has not increased. doesn't resolve the discrepancy
B. Demand for wheat, barley, and rice has also remained flat for the past five years.irrelevant. we are not concerned about it. Even if this leads to increase in demand of corn we are told demand has remained flat. we cannot go against the argument facts.
C. There are fewer family farms and more large corporate farms today than there were five years ago.out of scope/irrelevant. doesnt matter what farms do
D. A new machine allows corn growers to cut harvesting time by a third and save money on expensive labor costs this shows that production expenses have reduced. which directly relates to increased profits. hence the answer.
E. Some corn produced in the last year has not been sold and has gone to waste.this would be a loss not profit.
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