Many people feel that the sugar program is still around only because of political pressure. Given the
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Question:
Many people feel that the sugar program is still around only because of political pressure. Given the following hypothetical data:
Growers in the U.S. receive $2 billion per year in income supports
It costs $40 million to have a high probability of successfully lobbying Congress to continue getting supports
There is the equivalent of 12,000 full time sugar producers
People in the U.S. consume 80 pounds of sugar per year
There are 250,000,000 people in the U.S.
The price of raw sugar for producers is about $.22 /lb in the U.S.
The world price is about $.11/lb
How can all of this inforomation be shown graphycally?
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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