Discussion Alternative fuel - 275 Words

Discussion: Alternative fuel (Essay Sample) Content: Discussion 4: Alternative fuelName:Institution:Course:Tutor:Date:Discussion 4: Alternative fuelResponse to student 1In à ¢Ã¢â€š ¬Ã‹Å"Discussion 1à ¢Ã¢â€š ¬Ã‚ , the student predicts that opportunity cost was the only alternative that could be used to solve the current corn/ethanol crisis. I agree with the student when he says that some of the main factors affecting the corn industry is overproduction, underproduction and high costs. To solve this situation, the government implemented a mandate that enabled the corn/ethanol market to be more efficient. From the analysis, the best initiative that can be used by the government is to ensure that production of corn and demand for ethanol balances. This will avoid a situation where demand exceeds supply thus creating pressure on one side.Response to student 2In à ¢Ã¢â€š ¬Ã‹Å"Discussion 2à ¢Ã¢â€š ¬, the student says that increased participation of ethanol industry in the use of corn has had an impact on the price of corn . This is because ethanol is primarily derived from corn. I support his argument when he says that increased use of corn cannot have a significant impact on demand for oil. Personally, ethanol cannot have an impact on ...