All of a firm's inputs are considered to be variable in the long run

Which of the following weakens government control in the marketplace?

(A) Predatory pricing. (B) Deregulation. (C) Regulation of businesses. (D) Antitrust legislation.

Demand for farm products, in general, is said to be relatively price inelastic. Therefore, U.S. farm policy, which is designed to keep farm prices above equilibrium, should

a. decrease farm incomes b. increase farm incomes c. not affect farm incomes d. reduce the number of farmers e. lower food prices for consumers