10. Explain why the following might be true: a drought around the world raises the total revenue...

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10. Explain why the following might be true: a drought around the world raises the total revenue that farmers receive from the sale of grain, but a drought only in France reduces the total revenue that French farmers receive.

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Business Economics

ISBN: 388402

2nd Edition

Authors: Mark P. Taylor, Andrew Ashwin, N. Gregory Mankiw

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