If demand for farm crops is inelastic, a good harvest will cause farm revenues to:
A. Increase because of the increase in the quantity that farmers can sell
B. Increase because of a downward movement along the supply curve, encouraging an increase in demand
C. Decrease because of a percentage fall in price greater than the percentage increase in quantity sold
D. Remain unchanged, because the increase in quantity that can be sold will be matched by an equal decrease in price
C. Decrease because of a percentage fall in price greater than the percentage increase in quantity sold
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Temporary or permanent workers hired to replace striking union workers are known as
A) strikebreakers. B) backbreakers. C) rationers. D) strikeaiders.
A continuing resolution allows spending to go on
A. for no longer than a year. B. as long as the resolution states. C. for no longer than a week. D. for no longer than a day.