If the government removes the surplus that results from an agricultural price floor, all producers receive a ________ price and all consumers pay a ________ price than the equilibrium price.
A) lower; lower
B) higher; lower
C) lower; higher
D) higher; higher
D) higher; higher
You might also like to view...
Anthropological criticism of modernization theory includes all of the following EXCEPT:
a. it is ethnocentric. b. it assumes that modern traits are superior to traditional ones. c. it assumes that traditional people should adopt more modern ways of thinking and acting. d. it should be based on economic rules developed among foraging societies. e. it assumes that economic development will improve people's lives.
Contrast generalized, balanced, and negative reciprocity. Describe how negative reciprocity differs from the market principle.
What will be an ideal response?
Anthropologists have a responsibility to
a. their subjects. b. their discipline. c. their colleagues. d. their own and host governments. e. all of these choices.
The provisioning model of meat sharing explains the sharing of hunted meat in terms of __________
a. costly signaling b. paternal investment c. status d. all of these