Business, 06.09.2019 05:20, versaceblooper

Suppose the current market price of corn is $3.75 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 $1.60 per bushel, at what market price of ethanol does conversion become attractive?

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Suppose the current market price of corn is $3.75 per bushel. your firm has a technology that can co...