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4). What kind of food is best? a). Discuss and graph as best you can the advantages and disadvantages of these three different kinds of
4). What kind of food is best?
a). Discuss and graph as best you can the advantages and disadvantages of these three different kinds of agricultural goods.
1). Organic Foods
2). Local Food
3). Food from the general international marketplace (big economies of scale agriculture)
Do this using the models of supply and demand, profits = revenues-costs, different market structures and the concept of externalities, and other econ models or concepts that you find useful.
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