1) The farming sector's share of the total value of US food consumption is: a) less than 10% b) between 10% and 20% c) between 20% and 50% d) more than 50% 2) Sellers in a Monopolistic competition market are a) Price takers b) Price makers c) Can be both 3) A "price floor" can be created by : a) Hedging b) A put option c) A call Option d) Speculating 4) The standard size of a Cotton Futures contract is a) 1,000 bushels b) 5,000 pounds c) 10,0000 bushels d) 50,000 pounds 5)The major component of the "Marketing Bill" is a) Advertising b) Labor c) Profits d) Packaging