Production of catfish has skyrocketed in the United States from 16 million pounds in 1975 to an expected 340 million pounds this year.The business is growing among farmers in Alabama,Arkansas,and Louisiana.Which of the following is the motive that enticed many farmers to give up the production of row crops to produce catfish?
A)Row crops are relatively more profitable than catfish.
B)Row crops necessarily have negative economic profits.
C)Catfish is relatively more profitable than row crops.

Question

Quizplus · Accepted Answer

The production of catfish has skyrocketed in the United States, and the business is growing among farmers in Alabama, Arkansas, and Louisiana. This suggests that catfish is relatively more profitable than row crops, which is why many farmers have given up row crop production in favor of catfish production. Option A is incorrect because if row crops were more profitable than catfish, farmers would not have given up row crop production in favor of catfish. Option B is incorrect because not all row crops necessarily have negative economic profits, and it is not clear whether this is even relevant to the decision to switch to catfish production.

Production of Catfish Has Skyrocketed in the United States from 16