In the evolution of agricultural production, it is the final and most advanced stage in which farm output is produced wholly for the market. a. Medium-Size Farm b. Commercialized Farming c. Subsistence Farming d. Scale-Neutral

In the evolution of agricultural production, it is the final and most advanced stage in which farm output is produced wholly for the market. a. Medium-Size Farm b. Commercialized Farming c. Subsistence Farming d. Scale-Neutral

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter11: The Firm: Production And Costs

Section: Chapter Questions

Problem 2P

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Question

In the evolution of agricultural production, it is the final and most advanced stage in which farm output is produced wholly for the market.
a. Medium-Size Farm
b. Commercialized Farming
c. Subsistence Farming
d. Scale-Neutral

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