Figure 18.2Refer to Figure 18.2. The opportunity cost of producing spears in Macadamia is:
A. 3/4 of a fishing pole.
B. 5/6 of a fishing pole.
C. 6/5 fishing poles.
D. 4/3 fishing poles.
Answer: C
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One result of the agriculture price supports cited in the text is that
A) sometimes surplus food is given away. B) food shortages result in most cases. C) small farms receive most of the benefits. D) none of the above.
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Answer the following statement true (T) or false (F)