The high price of agricultural land is basically A) the cause ...

[khang]

The high price of agricultural land is basically
 
  A) the cause of high food prices.
  B) the result of high food prices.
  C) unrelated to food prices because processing costs dominate food prices.
  D) unrelated to food prices because there is no opportunity cost of producing land.

Question 2

What is signaling?
 
  What will be an ideal response?

[sylvia]

Answer to Question 1

B

Answer to Question 2

Signaling refers to an action that an individual with private information takes in order to convince others about his or her information.

[khang]

Thanks for the timely response, appreciate it

[mammy1697]

Wow, this really help