X hits on this document

Powerpoint document

AAEC 2305 Fundamentals of Ag Economics - page 18 / 27

67 views

0 shares

0 downloads

0 comments

18 / 27

(continued)

Imports-

Suppose the Pw is below the intersection of domestic supply and demand.

Consumers can now purchase as much of the commodity as they want at the lower world price.

Domestic producers must lower their prices to compete.

Document info
Document views67
Page views67
Page last viewedTue Dec 06 14:11:13 UTC 2016
Pages27
Paragraphs100
Words1373

Comments