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Author Question: If concerns about mad-cow disease impose economic losses on the perfectly competitive cattle ... (Read 37 times)

sjones

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on: May 24, 2019
If concerns about mad-cow disease impose economic losses on the perfectly competitive cattle ranchers, exit by the ranchers combined with no further changes in the demand for beef will force the price of beef to
◦ decrease.
◦ not change.
◦ increase.
◦ fluctuate, with the trend being lower prices.
◦ probably change, but more information about the market supply of beef is needed to answer the question.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by sjones on May 24, 2019

Chocorrol77

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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sjones

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

recede

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Reply 3 on: Yesterday
:D TYSM

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