Explain what factors determine the market supply of US corn. Pick the most appropriate list among the following.
A. the price of corn, the price of inputs going into corn, technology
B. the price of corn, the price of inputs going into corn, technology, and the number of farms growing corn
C. the price of related crops competing for land with corn, the price of inputs going into corn, technology, the number of farms growing corn
D. the price of corn, the price of related crops competing for land with corn, the price of inputs going into corn, technology, and the number of farms growing corn
Ans: D. the price of corn, the price of related crops competing for land with corn, the price of inputs going into corn, technology, and the number of farms growing corn
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Harmonization of standards can institutionalize a set of inferior standards
Indicate whether the statement is true or false