Free Practice Question
CR · Critical Reasoning
555-605
Inference
If a poor harvest season in a major corn-producing state results in higher prices for a bushel of corn, corn prices in other states will rise as well, whether or not those states are net importers of corn.
Which of the following conclusions is best supported by the statement above?
Which of the following conclusions is best supported by the statement above?
Answer Choices
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Agricultural commodities companies in states that are not net importers of corn are excluded from the national corn market when there is a disruption in the national corn supply.
B
National corn supply disruptions have little, if any, effect on the price of local corn as long as the locality is in a state that is not a net importer of corn.
C
The corn market in any state is part of the national corn market even if most of the corn consumed in the state is produced in the state.
D
Poor harvesting seasons come at predictable regular intervals.
E
Higher prices for corn tend to lead to increased prices for livestock, which rely on corn feed.
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Difficulty
555-605
Type
CR