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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?
  • a)
    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.
Correct answer is option 'C'. Can you explain this answer?
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If a poor harvest season in a major corn-producing state results in hi...
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.
The statement states that if a poor harvest season in a major corn-producing state leads to higher prices for corn, those higher prices will affect corn prices in other states, regardless of whether those states are net importers of corn. This implies that the corn market in any state is connected to the national corn market, even if most of the corn consumed in the state is produced within the state itself. Therefore, the conclusion that the corn market in any state is part of the national corn market is best supported by the given statement.
A. 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.
The statement does not mention anything about agricultural commodities companies being excluded from the national corn market. Therefore, this conclusion is not supported.
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.
The statement specifically states that national corn supply disruptions, such as a poor harvest season, result in higher prices for corn in other states as well. Therefore, this conclusion is not supported.
D. Poor harvesting seasons come at predictable regular intervals.
The statement does not provide any information about the predictability or regularity of poor harvesting seasons. Therefore, this conclusion is not supported.
E. Higher prices for corn tend to lead to increased prices for livestock, which rely on corn feed.
The statement does not provide any information about the impact of higher corn prices on livestock prices. Therefore, this conclusion is not supported.
Based on the information given, only option C is supported by the statement.
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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?a)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.Correct answer is option 'C'. Can you explain this answer?
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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?a)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.Correct answer is option 'C'. Can you explain this answer? for GMAT 2025 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about 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?a)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.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for GMAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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?a)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.Correct answer is option 'C'. Can you explain this answer?.
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