AGEC 315 Exams Complete Solutions
intensification of crop production tends to have an overall effect of ______ extensification. Primary
reason is that intensification __________ decreasing; increases supply which causes a decrease in
crop prices
shift in demand for beef 1. people are adopti...
intensification of crop production tends to have an overall effect of ______ extensification. Primary
reason is that intensification __________ ✅decreasing; increases supply which causes a decrease in
crop prices
shift in demand for beef ✅1. people are adopting new diet fat that limits meat consumption 2. new
disease is found in a cow and people are scared that they could get the disease through consuming beef
movement along the demand curve ✅1. people buy more clothes when there's a sale 2. people are
building fewer homes because the price of lumber has increased
critics of GR ✅1. greater irrigation and chemical use harmed the environment 2. wealthy commercial
farmers got access to seeds first resulting in greater rural inequality
ideas of malthus? ✅1. population grows exponentially 2. war and plagues do not reduce population,
famines will (not food production cannot increase over time)
private traders ______ grain stocks when prices increase, causing market prices to be _____ volatile
than they would be without storage ✅sell; less
problems with reducing food waste ✅1. difficult for government to create an incentive to reduce waste
in consumption 2. some waste is necessary for safety and sanitation
how to slow the growth of demand for food? ✅1. shift to diets with less meat 2. reduce the demand for
children
why did countries change their trade barriers in response to rising food prices in 2008? ✅to insulate
domestic consumers from higher prices
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