An Extraordinarily Small Crop of Farm Products Due to Drought

question 72

Multiple Choice

An extraordinarily small crop of farm products due to drought causes

• A) a large increase in the price of farm products because the demand for farm products is price inelastic.
• B) only a slight increase in the price of farm products because the demand for farm products is income elastic.
• C) only a slight increase in the price of farm products because the demand for farm products is income inelastic.
• D) a large increase in the price of farm products because the demand for farm products is price elastic.

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Definitions:

Race

A social construct used to categorize humans into large and distinct populations based on physical characteristics, ancestry, historical affiliations, or social identity.

Difference Tradition

A concept or approach that values and emphasizes the significance of differences between individuals or groups, often in cultural or gender studies.

Radical Feminism

A perspective within feminism that calls for a drastic reordering of society to eliminate male supremacy and advocates for the liberation of women through ending patriarchy.

Stereotype Threat

The risk of confirming negative stereotypes about one's social group, which can impact performance and behavior.