Q
A decrease in the supply of farm tractors will cause all but which of the following ?
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A
A. An increase in the rental rate for tractor
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B
B. A decrease in the rental rate of farmland
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C
C. A decrease in the value of the marginal product of tractors
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D
D. An increase in the wage of farm workers
Correct Answer:
D. D. An increase in the wage of farm workers