In California, farmers pay a lower price for water than do city residents. If farmers were charged

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In California, farmers pay a lower price for water than do city residents.

If farmers were charged the same price as city residents pay, how would the price of agricultural produce, the quantity of produce grown, consumer surplus, and producer surplus change?

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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