If corn farmers know that the demand for corn is inelastic, and they
want to increase their total revenue, they should all: ()
A: plant
more corn so that they would be able to sell more each year.
B: increase
spending on fertilizer in an attempt to produce more corn on the
acres they farm.
C: reduce
the number of acres they plant in corn.
D: contribute
to a fund that promotes technological advances in corn production.
want to increase their total revenue, they should all: ()
A: plant
more corn so that they would be able to sell more each year.
B: increase
spending on fertilizer in an attempt to produce more corn on the
acres they farm.
C: reduce
the number of acres they plant in corn.
D: contribute
to a fund that promotes technological advances in corn production.
举一反三
- Suppose that corn farmers want to increase their total revenue. Knowing that the demand for corn is inelastic, corn farmers should A: plant more corn so that they would be able to sell more each year. B: increase spending on fertilizer in an attempt to produce more corn on the acres they farm. C: reduce the number of acres on which they plant corn. D: contribute to a fund that promotes technological advances in corn production.
- If corn farmers know that the demand for corn is inelastic, and they want to increase their total revenue, they should all
- The description of the process of "the corn failure caused the<br/>corn market price to rise" () A: The decrease in corn supply has caused a decrease in corn demand. B: The decrease in corn supply has caused a decrease in corn qantity<br/>demanded. C: The decrease in corn supply has caused a decrease in corn demand. D: The decrease in the quantity supplied of corn causes a decrease in<br/>the quantity demanded for corn.
- Which of the following would increase the supply of corn? A: a decrease in the price of wheat B: an increase in the price of pesticides C: a severe drought in the corn belt D: a decrease in the demand for corn E: a fall in the price of corn
- Which of the following statements is NOT true about corn A: Corn is a kind of vegetable. B: Corn can be stored for a long time. C: Corn can be used to make alcohol. D: Corn is probably even more popular than potatoes all