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March 2019

An industry in which expansion through the entry of firms decreases the prices, firms in the industry must pay for resources and there fore decreases their production costs ?

Agricultural economics /
An industry in which expansion through the entry of firms decreases the prices, firms in the industry must pay for resources and there fore decreases their production costs ?

A. Declining industry
B. Decreasing cost industry
C. Both
D. None

An industry in which expansion through the entry of firms decreases the prices, firms in the industry must pay for resources and there fore decreases their production costs ? Read More »

Agricultural economics

Increases in the price level resulting from an excess of demand over output at the existing price level, caused by an increase in aggregate demand ?

Agricultural economics /
Increases in the price level resulting from an excess of demand over output at the existing price level, caused by an increase in aggregate demand ?

A. Demand pull inflation
B. Stagflation
C. Both
D. None

Increases in the price level resulting from an excess of demand over output at the existing price level, caused by an increase in aggregate demand ? Read More »

Agricultural economics

The sacrifice of some or all one economic goal, good, or services to achieve some other goal, good or service is called__________________?

Agricultural economics /
The sacrifice of some or all one economic goal, good, or services to achieve some other goal, good or service is called__________________?

A. Trade block
B. Trade union
C. Trade offs
D. All

The sacrifice of some or all one economic goal, good, or services to achieve some other goal, good or service is called__________________? Read More »

Agricultural economics