6. The elasticity of supply for rice in the United States and Vietnam is 0.4 and 0.15,...
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6. The elasticity of supply for rice in the United States and Vietnam is 0.4 and 0.15, respectively (Cramer, Wailes, and Shangnan 1993). Think about the differences in these two countries that might cause such disparities. Explain in a clear, logical paragraph. There is no right or wrong answer; we are just looking for a logical argument.
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Agricultural Marketing And Price Analysis
ISBN: 9781478646907
1st Edition
Authors: F. Bailey Norwood
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