A Farmer Is Deciding Whether or Not to Add Fertilizer

question 92

Multiple Choice

A farmer is deciding whether or not to add fertilizer to his or her crops. If the farmer adds 1 pound of fertilizer per acre, the value of the resulting crops rises from $80 to $100 per acre. According to marginal analysis, the farmer should add fertilizer if it costs less than:

• A) $12.50 per pound.
• B) $20 per pound.
• C) $80 per pound.
• D) $100 per pound.

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Definitions:

Audience

The person or group receiving a message.

Social Facilitation Theory

The theory that the presence of others increases a person’s dominant response—that is, the response that is most likely for that person for the task at hand.

Impair

To weaken or damage someone's abilities or functionality in a certain area, such as impairing one's judgment or physical capacities.

Improve

Refers to the act of making something better or enhancing its value, quality, or effectiveness.