As the number of days without rain increases, the amount of wheat per acre grown declines. A graph showing this relationship would have a curve
A) that is a horizontal line.
B) that is a vertical line.
C) showing a positive relationshi
D
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People may vote in a presidential election if
A) they feel it is their civic duty to vote. B) they believe their vote will matter. C) the costs of doing so are greater than the benefits received from voting. D) a or b E) a, b, or c
Which statement is true?
A. The federal government never intervened in our economy until the 1930s. B. Federal government intervention in our economy has grown steadily since the time of the Civil War. C. The federal government has intervened in our economy from time to time throughout our history. D. None of these statements are true.
The basic goals of total utility maximization, total profit maximization, and total welfare maximization explain most market activity.
Answer the following statement true (T) or false (F)
In the long run, a year-long drought that destroys most of the summer's wheat crops causes permanently:
A. higher prices. B. lower prices. C. lower output. D. None of these is true.