Wide Price Swings in Farm Products Are the Result of

question 116

Multiple Choice

Wide price swings in farm products are the result of

• A)Supply shifts and the relatively inelastic demand for food.
• B)Supply shifts and the relatively elastic demand for food.
• C)The high income elasticity of food demand.

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Definitions:

Food Deprivation

The state of being kept from food, leading to feelings of hunger and possibly affecting physical and mental health.

Basal Metabolic Rate

A measure of the amount of energy expended while at rest in a neutrally temperate environment; it reflects the energy required to maintain the body's basic physiological functions.

Lateral Hypothalamus

An area of the brain that plays a critical role in regulating hunger and thirst.

Begin Copulating

The initiation of sexual intercourse or the act of mating between organisms.