Assuming perfect competition, which of the following are not true for a farmer considering whether to rent more acres of land to farm the next year? Group of answer choices The value of the increase in grain production must be worth enough to justify the cost of renting more land. His equipment, such as tractors and combines, will be spread more thinly the more land he has to farm. The increase production of grain produced will diminish for every additional acre rented and farmed. The farmer must consider how much the price of grain will drop as a result of his farming more land