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What Is Not a Benefit from the Lower Costs of Transportation

Question 30

Multiple Choice

What is not a benefit from the lower costs of transportation that were achieved through advances in railroads, canals and steamboats?


A) Free rider problems were reduced.
B) Farmers gained larger shares of the selling price of their crops.
C) Consumers paid decreasing shares of the purchase price for transportation and marketing costs.
D) New unsettled areas could be cleared more profitably and added to the nation's economic activity.

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