History, 12.03.2021 01:00 samarahjimerson
Wheat is one of the most important farm products in the U. S.A. Many farmers grow
wheat. Many companies buy wheat for breakfast cereals, bread, flour, and other
products. Wheat is a commodity, the same product no matter who grows its.
Information about wheat output and prices is widely available. In any given year, farmers
may grow wheat or some other crop. Buyers may switch to other grains if wheat prices
rise too high. Is this an example of Pure/Perfect Competition? Why or Why Not?
Answers: 1
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Wheat is one of the most important farm products in the U. S.A. Many farmers grow
wheat. Many compa...
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