Affect the Canadian market supply curve for wheat

Question # 00578080 Posted By: dr.tony Updated on: 08/24/2017 07:07 AM Due on: 08/24/2017
Subject Economics Topic Macroeconomics Tutorials:
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Demand and Supply for Wheat and Other Market Situations

3. How would each of the following affect the Canadian market supply curve for wheat?
a. A new and improved crop rotation technique is discovered.
b. The price of fertilizer falls.
c. The government offers new tax breaks to farmers.
d. The Prairies suffer a drought.

4. Indicate how you think each of the following would affect demand in the indicated market:
a. An increase in family income on the demand for winter vacations in the Caribbean
b. A study linking beef consumption to heart disease on the demand for hamburgers.
c. A relaxation of immigration laws on the demand for elementary-school places

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  1. Tutorial # 00575995 Posted By: dr.tony Posted on: 08/24/2017 07:07 AM
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