Kulap, a Soybean Farmer, Acts to Prevent Crop Failure

question 78

Multiple Choice

Kulap, a soybean farmer, acts to prevent crop failure. The marginal benefit is represented by MB = 80 - A, where A is the number of precautions. The marginal cost of these precautions (e.g., soil preparation and pesticide and fertilizer use) is MC = 20 - 0.5A. Suppose the government offers Kulap crop insurance, which changes the marginal benefit of taking precautions to MB = 65 - 2A. The number of precautions Kulap takes _____ from _____ without insurance to _____ with insurance.

• A) falls; 20; 3
• B) falls; 40; 20
• C) falls; 120; 30
• D) rise; 60; 120

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Definitions:

Lymphoid Tissue

Type of tissue found in the lymphatic system that produces lymphocytes, which are essential for the immune response.

Skeletal Age

An estimate of a person's age based on the degree of development and maturity of their bones, usually determined through X-rays.

Radiographs

Medical images produced by passing X-rays through the body to visualize internal structures, commonly known as X-rays.

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The weight of an infant measured immediately after birth, an important indicator of newborn health and development.