Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 20 - Agriculture: Economics and Policy - Discussion Questions - Page 463: 5

Answer

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The farming industry is often subsidized because the amount that farmers are making off their land is declining, yet food is as valuable as ever for the economy.
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