This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Export demand: a. Is more price elastic than domestic demand. b. Shifters involve more than ... (Read 29 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
on: Jul 22, 2018
Export demand:
 
  a. Is more price elastic than domestic demand.
  b. Shifters involve more than population, income, and tastes and preferences.
  c. Is very sensitive to government efforts to support farm prices.
  d. Is a major factor influencing the level of farm prices.
  e. All of the above.

Question 2

Farm prices and incomes are highly unstable because:
 
  a. Consumers are very responsive to food price changes.
  b. Producers are very responsive to market price changes.
  c. Supply and demand for farm products are highly inelastic
  d. Supply and demand for farm products are highly elastic.
  e. The market for farm products is controlled by the futures market, which fosters price instability.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aruss1303

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jul 22, 2018
Answer to Question 1

e

Answer to Question 2

c


penguins

  • Member
  • Posts: 903
Reply 2 on: Jul 22, 2018
Gracias!

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Commensalisms that involve cheating. Commensalisms that involve cheating.
Small Greek Domestic Dog Small Greek Domestic Dog
Elastic cartilage Ear Elastic cartilage Ear
Remodeling of mRNPs during nuclear export Remodeling of mRNPs during nuclear export
PV cells have potential for domestic and commercial use PV cells have potential for domestic and commercial use
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
Video: Dissociative Disorders (Part 2)

For a complete list of videos, visit our video library