In Recent Years,the Number of Farms in the U

question 33

Multiple Choice

In recent years,the number of farms in the U.S.has fallen while the average farm size has increased.Which of the following concepts may explain this phenomenon?

• A)diminishing marginal returns
• B)declining productivity
• C)diseconomies of scale
• D)economies of scale
• E)poor economic reforms

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Definitions:

Company-Based Unions

Labor unions that are organized within a single company or organization, representing the interests of its employees.

Job Analysis

Studies job requirements and facts that can influence performance.

Job Facts

Objective information about a job, including its requirements, responsibilities, and conditions of employment.

Existing Jobs

The current positions of employment within an organization or the economy at large.