Examlex
Explain durable and nondurable goods. Give an example of each.
Agricultural Product
Any type of product, including food, fibers, fuels, and raw materials, that is derived from farming and ranching.
Price Elasticity of Demand
A determination of demand's sensitivity to pricing shifts of a product.
Agricultural Risk Coverage Program
A U.S. government program that provides financial assistance to agricultural producers when crop revenues or yields fall below guarantee levels.
Agricultural Act
Legislation passed to regulate agricultural markets, support farm incomes, and provide price supports for farmers.
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