Why would irrigated farming not become more profitable if the federal government lowered the price farmers had to pay for irrigation water?
A) Farmers would have to pay more for electricity to pump the water.
B) The cost of owning or renting land that could be irrigated would rise.
C) The prices of irrigated crops would not rise.
D) Water is a marginal cost in farming.
E) Water is a sunk cost in farming.
B
Economics
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What will be an ideal response?
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