12th Grade Agriculture Quizzes, Questions & Answers

Spark curiosity and test your child’s 12th grade Agriculture knowledge with our engaging quizzes! Perfect for practice at home or in the classroom—encourage learning through play and exploration.

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Awesome Quiz On Agriculture

Explore the dynamics of labor distribution, trade impacts, and price shifts in the 'Awesome quiz on Agriculture'. This quiz assesses understanding of economic principles in manufacturing and agriculture, exploring how trade...

Questions: 20 | Attempts: 1325 | Last updated: Aug 29, 2023

Sample Question
Suppose that the wage is $20 per hour in a two-sector (manufacturing and agriculture) specific-factors model. Currently, the prices of manufactured and agricultural outputs are $5 and $1, respectively; the marginal product of labor in the manufactured sector is 6 units per hour; and the marginal product of labor in the agricultural sector is 10 units per hour. What will happen to the distribution of labor between the two sectors?

Nothing. The current allocation of labor between the two sectors is ideal.

The manufacturing sector will demand more labor, and the agricultural sector will demand less labor at the current wage.

The agricultural sector will demand more labor, and the manufacturing sector will demand less labor at the current wage.

Both the agricultural and the manufacturing sector will demand more labor at the current wage.

12th Grade Agriculture Quizzes, Questions & Answers

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