Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn

تمرين 12

AGRICULTURAL PRICES-WHAT'S UP, WHAT'S DOWN The USDA, at www.nass.usda.gov, provides up-to-date color charts of current data for agricultural prices received by farmers. Click on Charts and Maps on the left side. Then click on Agricultural Prices and then on Prices Received. Check the prices received for cattle, corn, cotton, hogs, milk, soybeans, and wheat and describe in general terms the price trend for each over the period shown in the chart. Why is knowing output levels, as well as prices, essential in evaluating how individual farmers have fared in the market over that period