An Advantage to Using Inorganic Fertilizers (As Opposed to Organic

question 102

Multiple Choice

An advantage to using inorganic fertilizers (as opposed to organic fertilizers) is that

• A) they improve the physical properties of the soil.
• B) they can be taken up by roots rapidly after application.
• C) their quality is better than that of organic fertilizers.
• D) they contain minerals in their proper ionic form.
• E) they contain larger particles.

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Definitions:

Short Run

A period in economic analysis where at least one factor of production is fixed, leading to limited adjustments in production or operation.

Long-Run Phillips Curve

A graph showing that, in the long term, there is no trade-off between inflation and unemployment, suggesting the relationship is vertical.

Long-Run Aggregate Supply

The total output of goods and services that an economy can produce when it is using all of its resources efficiently and at full employment.

Vertical

In economics, this term typically refers to a market structure where companies provide different, but related, products or services at various stages of production.