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Please Answer #5 and #7 -4. Explain why it might be important for you as a farmer to understand whether there is any seasonality in
Please Answer #5 and #7
-4. Explain why it might be important for you as a farmer to understand whether there is any seasonality in the prices of the commodities you sell. What is the importance of any cyclicality? 5. Would a meat processor or the manufacturer of cake mixes be more interested in commodity price patterns? 6. Explain why it is that, over time, farm and retail prices have maintained about the same proportionate relation and yet seem to vary indepen. dently in the short term. - 7. Is the cost of food marketing too high? Are marketing firms' profits too high or too low Step by Step Solution
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