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Corn is a resource used in making ethanol gasoline. Ethanol is a substitute for unleaded gasoline. Based on this information, answer the question below by:
Corn is a resource used in making ethanol gasoline. Ethanol is a substitute for unleaded gasoline. Based on this information, answer the question below by:
*Drawing and labeling a supply and demand graph
*Showing any curve shifts
*Explaining the determinant for the shift
*Describing what happened to the new market price and equilibrium
Question: What will happen to the market for corn if doctors supply new research saying eating an ear of corn a day will reduce the risk of getting cancer by 90%?
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