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Author Question: Which of the following might make it inefficient for a farmer to continue growing crops on a ... (Read 132 times)

09madisonrousseau09

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on: Jun 29, 2018
Which of the following might make it inefficient for a farmer to continue growing crops on a particular piece of farmland?
 
  A) A fall in crop prices
  B) A rise in the price developers are willing to pay for the land
  C) Erosion of the top soil
  D) Rezoning of the land by the county government
  E) Any of the above could do it.

Question 2

What are transfer payments? Give two examples.
 
  What will be an ideal response?


milbourne11

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Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

Transfer payments refer to payments from the government to certain individual groups, such as the elderly or the unemployed. Unemployment compensation and Medicare, which provides health insurance to Americans above 65 years of age, are two examples of transfer payments.


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