Suppose the Cost of Insecticide (A Variable Input)decreases for Broccoli

question 74

Multiple Choice

Suppose the cost of insecticide (a variable input) decreases for broccoli farmers.In order to maximize profits,ceteris paribus,broccoli farmers should

• A)Decrease output.
• B)Keep output the same since the market price did not change.
• C)Increase output.

---

Definitions:

Inscription

is a written or engraved message, often found on monuments, coins, or buildings, providing historical, commemorative, or identifying information.

Engaged Column

A half-round column attached to a wall. See also pilaster.

Pilaster

A flat, rectangular, vertical architectural element that protrudes slightly from the wall, resembling a column but mainly ornamental and not structural.

Ossuaries

Containers or rooms in which the bones of dead people are placed, often used when space in burial sites is limited.