The Government of Indonesia is very keen to achieve rice self - sufficiency. One important policy to achieve this goal is by providing fertilizer price subsidies to the rice farmers. For simplicity, assume that the only variable input is fertilizer and the rice market is perfectly competitive. Using diagrams, briefly explain what are the impact of the policy on Rice market in Indonesia Please answer max in 30-45 minutes about microeconomics thank u and no reject

The Government of Indonesia is very keen to achieve rice self - sufficiency. One important policy to achieve this goal is by providing fertilizer price subsidies to the rice farmers. For simplicity, assume that the only variable input is fertilizer and the rice market is perfectly competitive. Using diagrams, briefly explain what are the impact of the policy on Rice market in Indonesia Please answer max in 30-45 minutes about microeconomics thank u and no reject

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter22: Inflation

Section: Chapter Questions

Problem 7SCQ: Go to this website (http://www.measuringworth.com/ppowerus/) for the Purchasing Power Calculator at...

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