If the Price of Organic Food Decreases Relative to Food

question 55

Multiple Choice

If the price of organic food decreases relative to food produced with chemicals, then:

• A) farmers will plant more acres to organic and conventional food
• B) farmers will plant more acres to organic food
• C) farmers will plant more acres to conventional food
• D) farmers will continue to grow what they always have

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Definitions:

Administrative Expenses

Costs related to the general operation of a business, including expenses such as office supplies, salaries of non-sales personnel, and rent.

Employee Claims

Rights or demands made by workers against their employer for various benefits, compensation, or acknowledgments of rights or wrongs.

Unpaid Taxes

Taxes that are owed to the government but have not been paid by the due date.