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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: If concerns about mad-cow disease impose economic losses on the perfectly competitive cattle rancher
Post by: Loraine on Jun 21, 2015
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
A) decrease.
B) not change.
C) increase.
D) fluctuate, with the trend being lower prices.
E) probably change, but more information about the market supply of beef is needed to answer the question.


Title: Re: If concerns about mad-cow disease impose economic losses on the perfectly competitive cattle ran
Post by: Smoooth on Jul 27, 2015
Content hidden


Title: Re: If concerns about mad-cow disease impose economic losses on the perfectly competitive cattle rancher
Post by: Smoooth on Aug 31, 2015
My pleasure :-]