If Farmers Operating in the Competitive Wheat Industry Are Incurring

question 68

Multiple Choice

If farmers operating in the competitive wheat industry are incurring losses,and are not kept in business with government subsidies,which of the following will result?

• A)Price and quantity produced will both increase in the long run.
• B)Resources will be reallocated out of the wheat industry into more productive uses.
• C)Farmers will run economic losses indefinitely, if they are rational.
• D)The supply of wheat will fall to near zero and the U.S. will become dependent on foreign suppliers of food.

---

Definitions:

Lean Tissue

Body tissue that is not fat, including muscles, organs, and bones, often a focus in fitness and health to increase metabolism.

Female Athlete Triad

A syndrome in sports involving three related conditions: eating disorders, menstrual dysfunction, and bone density loss.

Bone Density

A measurement of the amount of calcium and other minerals found in a segment of bone, indicative of strength and risk for fracture.

Resistance Training

A type of physical activity that involves working against a force or weight to increase muscle strength and endurance.