Soybeans and corn are both used as animal feed. (70% of Soybeans are used as animal feed, and Corn is the primary animal feed in the US.) Also, on many farms, farmers can grow either soybeans or corn. Ethanol is a fuel derived from corn. Ceteris parabus: If demand for ethanol fuel increases causing the equilibrium price of corn to increase, what will happen to the market for soybeans

answer; ///(c) the way a government controls the supply,availability,and value of money;

our agriculture industry and our business industry

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"