You received a mortgage loan from a bank that was guaranteed by the government against loss. This guarantee was limited in liability by law, however only certain eligibility requirements needed to be met in order to qualify. The loan was most likely: Select one: A. A FHA loan B. A conventional loan C. A VA (Department of Veterans Affairs) loan D. A FNMA loan

One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. as an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. using the midpoint method, the price elasticity of demand for soybeans between the prices of $5 and $4 per bushel is , which means demand is between these two points. therefore, you would tell the grower that his claim is because total revenue will as a result of the technological advancement.