Mongolian Pastoralists of the Former Soviet Union Are Now Adjusting

question 13

Multiple Choice

Mongolian pastoralists of the former Soviet Union are now adjusting to __________.

• A)having to become citizens of China
• B)a collectivized system of agricultural production
• C)loss of their herds from foot and mouth disease
• D)the market economy
• E)becoming part of the urban poor

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Definitions:

Variable Inputs

Factors of production that can be adjusted in the short term to change the level of output, such as labor or raw materials.

Production Process

The sequence of steps or operations involved in the production and manufacture of goods or services, transforming inputs into finished products.

Supply Of Labor

The total hours that workers are willing and able to work at a given wage rate.

Labor Market

A market where employers find workers and workers find jobs, characterized by supply and demand for labor.