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damaskus [11]
3 years ago
8

Locusts and drought destroy most of the wheat crops in many states across the Midwest of the United States. Since wheat flour is

a major ingredient in bread, what do you think will happen to the price of bread?
Advanced Placement (AP)
1 answer:
Serggg [28]3 years ago
5 0
You expect a scarcity of wheat to result in an increase in the price of bread.

_____
In the real world, politics and international competition come into play, likely resulting in more imported wheat—perhaps even at a lower price than domestic wheat. If it doesn't actually fall, the price of bread may very well stay the same as companies seek to preserve or enhance their profit.
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