Arts
Arts, 05.05.2021 09:20, eguilford4438

suppose that technological change improves productivity in wheat production every year. And government always keeps a fixed supporting price policy for wheat farmers. How would government spending on wheat purchase change over time? Would it increase or decrease or remain unchanged? And why? Draw a demand and supply graph to illustrate your answer and explain in words

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suppose that technological change improves productivity in wheat production every year. And governme...

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