Adoption Rates of New Technologies Will Tend to ________ for Farms

question 4

Multiple Choice

Adoption rates of new technologies will tend to ________ for farms when output prices ___________ or when labor and fertilizer costs _______.

• A) Increase; decrease; decrease
• B) Increase; increase; decrease
• C) Decrease; increase; increase
• D) Decrease; decrease; decrease

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Definitions:

Logical Thinking

The process of reasoning consistently and systematically to come to a conclusion.

Taller

Having a greater height in physical stature compared to average or to another comparative baseline.

Concept

An abstract idea or a mental symbol, typically associated with a fundamental characteristic of a thing or a thought.

Symbolic Thought

A major accomplishment of preoperational intelligence that allows a child to think symbolically, including understanding that words can refer to things not seen and that an item, such as a flag, can symbolize something else (in this case, a country).