Land Used to Grow Corn Could Also Be Used to Grow

question 160

Multiple Choice

Land used to grow corn could also be used to grow soybeans. Which of the following is true when the farmer plants soybeans and the market price of corn rises?

• A) The opportunity cost of producing soybeans decreases.
• B) The opportunity cost of producing soybeans increases.
• C) There will be no change in the opportunity cost of producing soybeans.
• D) The opportunity cost of producing corn increases.

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Definitions:

Heterozygotes

Individuals having two different alleles of a particular gene, resulting in a mixture of genetic traits.

Null Hypothesis

A default hypothesis that there is no significant difference or effect, used as a starting point for statistical significance testing.

Allele Frequencies

The proportion of different genetic variants of a gene in a population, denoting the genetic diversity at that specific locus.

Mutation-Selection Balance

An evolutionary principle describing the equilibrium achieved when the rate of new mutations equals the rate of removal of disadvantageous alleles by natural selection.