Multiple Choice
Advances in productivity per acre can harm farmers by
A) reducing the uses for their farm goods
B) increasing the price of farm goods, thereby reducing incomes
C) increasing supply, thereby reducing farm prices and incomes
D) increasing the demand for their goods so that consumers are priced out of the market
E) decreasing the number of acres cultivated per farm
Correct Answer:

Verified
Correct Answer:
Verified
Q43: If the government establishes a price floor,
Q44: If the demand for consumer goods increases,
Q45: A price floor is a reasonable price
Q46: Usury laws<br>A) limit the use of land
Q47: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10702/.jpg" alt=" -Using Exhibit F-6,
Q49: Price supports can help farmers to better
Q50: A price floor has no effect in
Q51: In the United States, the parity system
Q52: If the government imposes a price ceiling
Q53: Suppose a market is in equilibrium, and