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According to Application 12

Question 133

Multiple Choice

According to Application 12.3, "A Distance-Ed Student Puts His Lessons to Work on a Farm":


A) a farm can use high technology production techniques to customize its planting, fertilizing, and watering.
B) a student experienced a diseconomy of scale when he went to college while working on the family farm.
C) production techniques that depend on technology are not suitable for farming businesses.
D) the law of diminishing returns does not apply to farming because, thanks to advances in technology, larger and larger crops can be produced on the same amount of land.

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