Over time, technological change has
A) reduced both the price elasticity and income elasticity of the demand for farm products.
B) reduced the minimum efficient scale of production in agriculture and increased the prices of farm products.
C) increased both price elasticity and income elasticity of the demand for farm products.
D) increased the minimum efficient scale of production in agriculture and reduced the prices of farm products.
Correct Answer:
Verified
Q65: Over the past several decades, farm employment
Q66: Which of the following is not characteristic
Q67: A bumper crop of farm products causes
A)only
Q68: Q69: An extraordinarily small crop of farm products Q71: Which of the following is correct? Q72: Which of the following countries has the Q73: In 2017, farm employment constituted about Q74: Since 1950, farm productivity has Q75: Which of the following statements about U.S.
A)The rapid
A)15.8 percent
A)advanced twice as
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents