Which of the following is not characteristic of U.S. agriculture?
A) Productivity has been increasing more slowly in agriculture than in the rest of the economy.
B) The demand for agricultural commodities increases less than proportionately to increases in income.
C) Resources in agriculture are relatively immobile.
D) Demand is inelastic with respect to price.
Correct Answer:
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Q61: Q62: Q63: Measured in terms of farm employment and Q64: Which of the following best describes the Q65: Over the past several decades, farm employment Q67: A bumper crop of farm products causes 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
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