Multiple Choice
From 1950 to 2019 the number of people who lived on farms fell from 23 million to fewer than 3 million. Which of the following factors have contributed to this trend?
A) increases in the cost of farming and a desire for young adults to move to urban areas
B) rapid growth in farm production and low income and price elasticities for food products
C) slow growth in agricultural productivity and low income elasticities for food products
D) government policies that have increased the cost of living and working on farms
Correct Answer:

Verified
Correct Answer:
Verified
Q8: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10505/.jpg" alt=" -Refer to Figure
Q9: Suppose a hurricane decreased the supply of
Q10: The estimated price elasticities of demand for
Q11: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10505/.jpg" alt=" -Refer to Figure
Q12: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10505/.jpg" alt=" -Refer to Figure
Q14: Between 1950 and 2019, the number of
Q15: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB10505/.jpg" alt=" -Refer to Table
Q16: Suppose the governor of California has proposed
Q17: If the cross-price elasticity of demand between
Q18: In recent years, a number of cities