A significant reason that increases in demand for agricultural products have been relatively small is because increases in the

Question

Quizplus · Accepted Answer

The question is asking for a reason why increases in demand for agricultural products have been relatively small. Option D states that increases in the incomes of U.S. consumers result in less than proportionate increases in their spending on agricultural products, which could explain the relatively small increases in demand. This means that as people's incomes increase, they do not necessarily spend a larger proportion of their income on agricultural products. Thus, option D is the best choice.

A Significant Reason That Increases in Demand for Agricultural Products