An Advance in Farm Technology That Results in an Increased

question 46

Multiple Choice

An advance in farm technology that results in an increased market supply is

• A)good for farmers because it raises prices for their products but bad for consumers because it raises prices consumers pay for food.
• B)bad for farmers because total revenue will fall but good for consumers because prices for food will fall.
• C)good for farmers because it raises prices for their products and also good for consumers because more output is available for consumption.
• D)bad for farmers because total revenue will fall and bad for consumers because farmers will raise the price of food to increase their total revenue.

---

Definitions:

Future Time

A concept referring to moments that have yet to occur or periods of time that lie ahead in the future.

Appreciation for Life

A sense of gratitude and positive acknowledgment for the aspects of one's life, often leading to increased happiness and life satisfaction.

Over-Relied

The excessive dependence on something or someone, which can lead to vulnerability or failure when that support system is no longer available or effective.

Older Adults

Individuals typically aged 65 and above, often facing unique health, social, and psychological challenges.