Scientists Find That Eating Corn Three Times a Day Will

question 180

Multiple Choice

Scientists find that eating corn three times a day will prolong life. This leads to a shift in preferences away from wheat and toward corn. As we move from one equilibrium to another, we can predict that

• A) all input markets are affected.
• B) all input markets except land are affected because both products use land as an input.
• C) labor markets are not affected because the wheat industry and the corn industry use laborers to drive tractors.
• D) even if they use different technologies, no input markets are affected because they use the same inputs.

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Definitions:

Results

The outcomes or consequences of actions taken by individuals or organizations, often used to measure success or effectiveness.

Program Evaluation

The systematic assessment of the processes and outcomes of a program, with the aim to improve its effectiveness and efficiency.

Program Changes

Alterations or adjustments made to a set of planned actions or activities to achieve better outcomes or to adapt to new circumstances.