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suppose the current market price for corn is $4.43 per bushel. Your firm has a technology that can convert 1 bushel of corn to 3

suppose the current market price for corn is $4.43 per bushel. Your firm has a technology that can convert 1 bushel of corn to 3 gallons of ethanol. if the cost of conversion is $ 1.76 per bushel. at what market price of ethanol does the conversion becomes attractive? The price at which the conversion becomes attractive is at _______per gallon.

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