Farm Output Per Worker in the United States Has Increased

question 143

Multiple Choice

Farm output per worker in the United States has increased since 1950 because

• A)of technological improvements
• B)there are more farms
• C)there are fewer acres of land per farm
• D)the supply of farm products is inelastic
• E)of a decrease in government subsidies

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Definitions:

Relationship Capital

The value derived from an organization's relationships with its customers, partners, and other stakeholders, often seen as a component of social or intellectual capital.

Competitive Advantages

The attributes or conditions that allow an organization to outperform its competitors, including cost structure, product quality, brand, and market access.

Trust

The confidence a consumer has in the reliability and integrity of a product, service, or brand.

Cooperation

A process where individuals or groups work jointly towards a common goal, often leading to synergy and shared success.