....reports Sky news
http://news.sky.com/story/987059/food-prices-to-soar-after-mass-animal-slaughter
a) Draw a S&D diagram to show the effects of the drought on animal feed prices
b) Draw a S&D diagram to show the effects of this increase in animal feed prices on the price of pigs
c) Draw a S&D diagram to show the effects of the decision by farmers to slaughter more pigs on the price of pork in the short run
d) Draw a S&D diagram to show the effects of reduction in the number of pigs on farms on the price of pork in the long run
Wednesday, September 19, 2012
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