Which of the Following Is Not a True Statement About

question 3

Multiple Choice

Which of the following is not a true statement about potatoes?

• A)the greatest diversity of Solanum species is in Peru
• B)the Colorado potato beetle is a serious potato pest
• C)potatoes are a good source of vitamin B and C
• D)no Solanum species are resistant to late blight
• E)much of the nutritional value of at potato is in the periderm

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Definitions:

Long-run Supply Curve

A graphical representation showing the relationship between the price level and the quantity of output that producers are willing to supply, taking into account all factors of production can be varied.

Profitable Output

The production or output level from a business operation that generates a financial gain or profit.

Firm

An organization engaged in commercial, industrial, or professional activities, typically with the aim of earning a profit.

Long-Run Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity supplied over a period when all factors of production can vary.