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Sublight2097 Sublight2097
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8 years ago
If the government keeps the price of bread low through subsidies, and farmers consequently buy bread to feed to their pigs, we can infer that
A) pigs are more valuable than people.
B) pork is more valuable than people.
C) the farmers find it efficient to feed bread to pigs.
D) the market system is not working.
E) waste is occurring because marginal benefit is less than marginal cost.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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8 years ago
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Sublight2097 Author
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#2
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
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#3
8 years ago
Happy to assist!
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