Brazil's Agricultural Development Since 1964 Has Been Marked by

question 14

Multiple Choice

Brazil's agricultural development since 1964 has been marked by

• A) a shift from export production to increased stress on staple foods like manioc and corn.
• B) resettling landless peasant families on new lands opened up in the Amazon Valley.
• C) an explosion of land concentration and land grabbing.
• D) revival of the poverty-ridden northeast region through construction of irrigation projects.

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Definitions:

Price Discrimination

A pricing strategy where a seller charges different prices to different customers for the same product or service, based on factors other than the cost of production.

Price Searchers

Sellers who have the ability to control and set prices because their products do not have perfect substitutes.

Marginal Revenue

The additional income that a firm receives from selling one more unit of a good or service.