Very few commodity agreements are successful in bringing together supplier and consumer countries to stabilize commodity prices.

The real business cycle theory emphasizes that in today's modern age, ________ technology plays a significant role in causing economic fluctuations

A) obsolete ideas in B) advances in C) shocks to D) duplications in

The above table shows the marginal benefits and costs from production of fertilizer. There are no external benefits. If the market is perfectly competitive and unregulated, the equilibrium price per ton will be

A) $70. B) $80. C) $90. D) $100.