Since the government has been paying out farm subsidies



A. the number of family farms has increased by about 40 percent.
B. the number of family farms has increased by 10%.
C. the number of family farms has decreased by 10%.
D. the number of family farms has decreased by 70 percent.

D. the number of family farms has decreased by 70 percent.

Economics

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The steeper the labor supply curve,

A) the higher the wage the monopsonist pays. B) the lower the wage the monopsonist pays. C) the smaller the difference between the wage and the marginal expenditure on labor. D) the better off workers are.

Economics

Evaluate the accuracy of the following statement: Since health care is a necessity, the demand for health care will be perfectly inelastic

Economics