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mdagenh1 mdagenh1
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5 years ago

Question 1.

Between 1950 and 2017 the productivity of wheat farmers in the United States more than doubled. This means that

• the amount of land and other resources devoted to wheat production more than doubled.

• the incomes of wheat farmers more than doubled.

• the total amount of wheat produced more than doubled.

• the amount of wheat produced by the average farmer more than doubled.

Question 2.

The paradox of American farming is

• the demand for imported luxury food products has risen as the demand for domestic food products has fallen.

• the demand for food has risen as the number of people who pursue farming as a career has fallen.

• food has become cheaper and more abundant as the number of farms has decreased.

• the amount of food produced has increased as the average farm size has fallen.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
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emneviusemnevius
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