The primary means by which a farmer can protect against weather-related crop failure is with

A. stock markets.
B. overtime labor.
C. bond markets.
D. crop insurance.


Answer: D

Economics

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A firm's shutdown point is the output and price at which the firm's total revenue just equals its total variable cost

Indicate whether the statement is true or false

Economics

In general, the quantity that maximizes revenue for the monopolist

A) is greater than the quantity that maximizes profit. B) is less than the quantity that maximizes profit. C) is the same as the quantity that maximizes profit. D) is illegal according to anti-trust statutes.

Economics

The law of supply states that an increase in supply is represented graphically as a rightward shift of the supply curve

a. True b. False Indicate whether the statement is true or false

Economics

Describe how a market for externality rights or cap-and-trade system would work in terms of supply and demand

Please provide the best answer for the statement.

Economics