Question
Review the link here: https://www.npr.org/sections/money/2018/09/13/647215845/the-price-of-rice-in-japan 1.Name two issues (determinants of demand) discussed in the program that are shifting the demand curve inwards for rice for
Review the link here: https://www.npr.org/sections/money/2018/09/13/647215845/the-price-of-rice-in-japan
1.Name two issues (determinants of demand) discussed in the program that are shifting the demand curve inwards for rice for HUMAN consumption.
2.Is the income elasticity of demand for rice positive or negative? Justify your answer using info. from the podcast.
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Microeconomics
Authors: Paul Krugman, Robin Wells
5th edition
1319098780, 1319098789, 978-1319098780
