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-Suppose There Is a Technological Change and the Government Does

Question 59

Multiple Choice

  -Suppose there is a technological change and the government does not intervene in the market of Exhibit F-2. Then farmers' revenue will A)  decrease from $165 to $73 B)  decrease from $200 to $73 C)  stay the same D)  increase from $200 to $430 E)  increase from $165 to $430
-Suppose there is a technological change and the government does not intervene in the market of Exhibit F-2. Then farmers' revenue will


A) decrease from $165 to $73
B) decrease from $200 to $73
C) stay the same
D) increase from $200 to $430
E) increase from $165 to $430

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