Examlex
Zarifa and Tuan met during new student orientation at their university and felt an immediate and powerful physical attraction for each other. They wanted to be together all the time, and whenever they were apart, they both annoyed their friends with their constant talking about each other. Zarifa described Tuan as her dream man, and Tuan could never say enough positive things about Zarifa. Now that they have been dating for over a year they are spending somewhat more time with their friends instead of each other, and they are starting to notice each other's flaws. Zarifa is worried that the relationship is ending. What would the authors of your book tell her?
Oligopolistic Markets
Markets characterized by a few large producers that have the ability to influence prices, but must consider the actions of their rivals.
Minimum Efficient Scale
The lowest level of output at which a firm can minimize long-run average total cost.
U.S. Agriculture
The sector of the United States economy that deals with the production of plants and animals for food, fiber, and other products.
Farm Share
The portion of the final retail price of agricultural products that goes back to the farmers.
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