How marketplace for organic apples is perfectly competitive

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Q. In the United States, consumer expenditure accounts for approximately illustrate what percent (%) of GDP?

Q. Between 1907 also 2001 many apple farmers switched from traditional to organic growing methods, increasing production of organically grown apples from 1.2 million boxes per yr to more than 3 million boxes. If the marketplace for organic apples is perfectly competitive which of the subsequent statements is inconsistent with the statement above?

 

Reference no: EM1343748

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