In the corn market, when the demand for ethanol increases, the equilibrium price is likely to _____ due to the shift in the demand curve.

When the demand for ethanol increases, it means that more people want to buy ethanol, which is often made from corn. Because of this higher demand, the demand curve for corn shifts to the right, indicating that buyers are willing to pay more for corn to produce more ethanol. As a result, the equilibrium price of corn will likely rise, since sellers see that they can charge more for their product. For example, if a farmer knows that more ethanol is needed, they might increase the price of corn because they expect buyers to pay extra for it. This change shows how demand in one market can directly affect prices in another related market, like corn.