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Microeconomics

13th Edition
Roger A. Arnold
ISBN: 9781337617406

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BuyFindarrow_forward

Microeconomics

13th Edition
Roger A. Arnold
ISBN: 9781337617406
Textbook Problem

The average farmer is likely to be better informed about federal agricultural policy than the average food consumer is. Why?

To determine

The effect of federal agriculture policy for farmers and consumers.

Explanation

The federal agricultural policy will affect both farmers and food consumers in different ways. The policy directly affects the farmers through income and indirectly affects the consumers through cost...

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