When we discussed the Typical Psychology of Selling a Farm Product in class, we talked about a goal of trying to sell the products that we are producing in the bottom 1/3 of the price range. In order to do this, it is important to know your breakeven price and have a target price established. a) True b) False 27. When we studied the theory underlying Canadian supply management in class, we saw that if the market price increases under supply management, then the quantity that will be supplied will _____________. a) increase b) decrease 28. Early in the term we examined the cropping areas of Brazil and some of their past and current crop production as well as potential production possibilities. We saw that Brazil could potentially increase its total cultivated/cropped land area to an amount similar to or greater than the current cropped area in all of the United States. a) True b) False 29. A short position is created by the sale of a futures contract. a) True b) False