Farm Programs That Pay Farmers Not to Plant Crops on All

question 176

Multiple Choice

Farm programs that pay farmers not to plant crops on all their land

• A) hurt farmers by lowering their total revenue and hurt consumers by causing shortages of some food items.
• B) help farmers by cutting costs,which helps consumers by lowering food prices.
• C) help farmers by increasing total revenue in the market but hurt consumers by raising prices.
• D) help farmers directly since they receive government payments but have no real effects on consumers.

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Definitions:

James Brian Quinn

An influential thinker in management theory, particularly known for his work on strategic outsourcing and the evolution of enterprise.

Large Organizations

Corporations, agencies, or groups that are extensive in size, typically comprising many people, resources, and complex structures.

Planned Method

A systematic, pre-determined approach or strategy designed to achieve specific goals or outcomes.

Companywide

Pertains to policies, practices, or actions affecting an entire organization.