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1. The inelasticity of demand for agricultural products can be explained by A. The parity ratio B. Economies of scale C. Rentaseeking behaviour D. Diminishing
1. The inelasticity of demand for agricultural products can be explained by A. The parity ratio B. Economies of scale C. Rentaseeking behaviour D. Diminishing marginal utility 2. The demand for most farm commodities is: A, growing more rapidly than supply. B. inelastic. C. decreasing over time. D. a relatively at downward sloping line
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Environmental And Natural Resource Economics
Authors: Thomas H Tietenberg, Lynne Lewis
10th Edition
1315523965, 9781315523965
