Back to Questions
Want to know:
good year, good weather, yields ^, production ^ (farmers act individually), supply ^ (you cannot not sell your product once already made, if you're not selling your competitiros will take advantage and sell with a higher price) = prices go down. Food demand is rigid (vast) -> price goes down and income goes down(even a good year and good circumstances, farmers can face a huge decrease in profit due to working individually)
Get a detailed, AI-powered explanation for this question and thousands more on StudyFetch.
Get the Answer for FreeHow StudyFetch Helps You Master This Topic
AI-Powered Answers
Get instant, detailed explanations powered by AI that understands your course material.
Deep Understanding
Go beyond surface-level answers with step-by-step breakdowns and examples.
Personalized Learning
Sparky adapts to your learning style and helps you connect ideas.
Practice & Test
Turn any question into flashcards, quizzes, and practice tests to solidify your knowledge.
Explore More Questions
- Main policy between Native Americans and White Americans until 1890:
- What did Alfred Mahan think was key to US success
- What was one major difference in the way NATO and the Warsaw Pact were created?NATO involved the participation of the countries of Eastern Europe, while the Warsaw Pact involved Western Europe.The Warsaw Pact was primarily a military agreement, while NATO was primarily an economic agreement.NATO was established to fight the spread of communism, while the Warsaw Pact was formed to protect communism.The Warsaw Pact is still in existence today, while NATO disbanded soon after the fall of communism in Europe.