Author Question: EQIP is the Equal Quality Improvement Program designed to ensure equal treatment of farmers on ... (Read 89 times)

neverstopbelieb · **on:** Jul 22, 2018

EQIP is the Equal Quality Improvement Program designed to ensure equal treatment of farmers on environmental issues.

Indicate whether the statement is true or false

Question 2

Why is agricultural supply and demand not very responsive, thus aggravating the instability of price and income?

a. Demand for food is inelastic.
b. Supply of food is inelastic.
c. The value of used agricultural equipment is high relative to its cost.
d. a and b above.
e. All of the above.