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    Microeconomics Study Set 45
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    Exam 22: Agriculture: Economics and Policy
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    If the Prices Received by Farmers Increased and the Prices
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If the Prices Received by Farmers Increased and the Prices

Question 118

Question 118

Multiple Choice

If the prices received by farmers increased and the prices paid by farmers also increased, the parity ratio


A) will necessarily be unchanged.
B) may either increase or decrease.
C) will necessarily increase.
D) will necessarily decline.

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