Illustrate which of the three cases demand has increased

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Reference no: EM1355176

Choose three farm products and determine whether their prices (as measured by "prices received by farmers") have generally increased, decreased, or stayed the same over the past 3 years. In which of the three cases, if any, do you think that supply has increased more rapidly than demand? Illustrate which of the three cases, if any, do you think that demand has increased more rapidly than supply? Explain your reasoning. Write your answer in essay format."

Reference no: EM1355176

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