Examlex
In a(n) _____ auction, buyers and sellers each submit combined price-quantity bids to an auctioneer.
Agricultural Product
Any type of product, including food, fibers, fuels, and raw materials, that is derived from farming and ranching.
Price Elasticity of Demand
A determination of demand's sensitivity to pricing shifts of a product.
Agricultural Risk Coverage Program
A U.S. government program that provides financial assistance to agricultural producers when crop revenues or yields fall below guarantee levels.
Agricultural Act
Legislation passed to regulate agricultural markets, support farm incomes, and provide price supports for farmers.
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