A major justification for the use of price floors in agriculture was that
a. there were fewer farmers than in the past
b. average farm acreage had increased
c. demand for food had declined dramatically
d. technology dramatically increased supply
e. the greenhouse effect increased productivity
D
Economics
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The purchase of an airplane produced in the United States by the government of Thailand is included in
A) U.S. imports. B) U.S. government purchases. C) U.S. exports. D) Thailand government exports.
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An oligopolist does not spend money on advertising because consumers are rational in an oligopolistic market
a. True b. False Indicate whether the statement is true or false
Economics