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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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#1
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5 years ago
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michlee Author
wrote...

5 years ago
Thanks
smi3
wrote...

Yesterday
Good timing, thanks!
annakc
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2 hours ago
Thanks
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