Ethanol Supply and Demand. Ethanol The demand for ethanol increases. What happens to the price of corn? Why?

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Presentation transcript:

Ethanol Supply and Demand

Ethanol The demand for ethanol increases. What happens to the price of corn? Why?

Ethanol The demand for ethanol increases. What happens to the price of corn? Why?

Ethanol If the price of corn increases due to the increased production of ethanol, and corn is also used for animal feed, what happens to the price of chicken and beef at the grocery store? Why?

Ethanol If the price of corn increases due to the increased production of ethanol, and corn is also used for animal feed, what happens to the price of chicken and beef at the grocery store? Why?

Ethanol If the price of corn increases due to higher demand, what happens to the price of flour made from wheat? Why?

Ethanol If the price of corn increases due to higher demand, what happens to the price of flour made from wheat? Why?

Ethanol If the demand for ethanol increases, and ethanol is used in gasoline, what happens to the price of gasoline? Why?

Ethanol If the demand for ethanol increases, and ethanol is used in gasoline, what happens to the price of gasoline? Why?

Ethanol If the price of gasoline increases due to an increase in the price of ethanol, and gasoline is used to fuel delivery trucks, what happens to the price of groceries? Why?

Ethanol If the price of gasoline increases due to an increase in the price of ethanol, and gasoline is used to fuel delivery trucks, what happens to the price of groceries? Why?

Ethanol If more farmers are making more money in growing corn, what will happen to the price of agricultural land? Why?

Ethanol If more farmers are making more money in growing corn, what will happen to the price of agricultural land? Why?