When a Drought (Negative Rainfall Shock)occurs,farmers Tend to Put in Less

question 27

Multiple Choice

When a drought (negative rainfall shock) occurs,farmers tend to put in less effort than they did before to till their farms because:

• A) agricultural output falls and even though farmers put in the same level of effort,the effort per hour falls.
• B) extra hours of labor and capital usage do not yield much extra output.
• C) people work hardest when their hard work yields lower returns.
• D) they switch to crops that use less water.

---

Definitions:

Absolutism Ethics

Absolutism in ethics refers to the belief in fixed, universal principles of right and wrong that apply to all situations, without exception, guiding moral behavior and decision-making.

Honesty

The quality of being truthful and transparent in one's actions and statements.

Fair Use Rule

A legal doctrine that permits limited use of copyrighted material without requiring permission from the rights holder, typically for purposes such as critique, news reporting, or scholarly research.

Copyrighted Works

These are creations such as books, music, software, and art that are legally protected, preventing unauthorized replication or use.