A town's large sugar beet processing factory is destroyed in a flood. Which of the following is a likely consequence in the next few months?(1 point) Responses The cost of processing sugar beets will increase worldwide. The cost of processing sugar beets will increase worldwide. The demand for sugar beets will decrease. The demand for sugar beets will decrease. The price of sugar beets will increase. The price of sugar beets will increase. The farmers near the town will immediately plant more sugar beets.

The price of sugar beets will increase.