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Home Q & A Board Other Fields Homework Help Business Economics
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michlee michlee
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5 years ago

Which of the following statements is false?



• Agricultural economics is an applied social science.

• The rational consumer maximizes satisfaction subject to a budget constraint.

• Regardless of the commodity, the farmer always receives 20 cents of the dollar spent in food.

• The Latin phrase ceteris paribus means everything else the same or holding all other factors constant.
Textbook 
Introduction to Agricultural Economics

Introduction to Agricultural Economics


Edition: 7th
Authors:
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ShaeTime3ShaeTime3
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5 years ago
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michlee Author
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5 years ago
Thanks for your help!!
Marcie D
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Yesterday
Thank you, thank you, thank you!
aricketts6@
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2 hours ago
Helped a lot
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