Which of the Following Statements About Agriculture in the U

Multiple Choice

Which of the following statements about agriculture in the U.S. is not correct?

A) From the 1950s to today, agricultural output has increased about five times.
B) Because technological improvements increase the supply of a product for which demand is inelastic, an individual farmer would be better off not adopting the new technology.
C) Increasing the supply of agricultural products typically benefits consumers but harms farmers.
D) Technological improvements typically increase supply and decrease revenue for farmers.