A positive technological change will cause the supply of a good to increase

Increasing the growth rate of GDP per capita and sustaining this growth rate in an economy can

A) increase the level of poverty. B) lower life expectancy. C) increase infant mortality. D) increase standards of living.

Which of the following statements regarding the agricultural industry is correct?

A) Economies of scale and consolidation have significantly reduced the degree of competition in the industry. B) Corporate farms now control more than 50 percent of the market for each of the major crops. C) The largest 5 percent of growers of any particular product are characterized by a small number of interdependent producers. D) Although farming has become increasingly concentrated over the last 70 years, it is still a highly competitive industry.