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Author Question: The high price of agricultural land is basically A) the cause of high food prices. B) the result ... (Read 89 times)

khang

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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?



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sylvia

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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

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


bigcheese9

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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