The price of wheat has fallen from $9 a bushel to $7 a bushel in the past

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The price of wheat has fallen from $9 a bushel to $7 a bushel in the past seven months as rain and snow fell on the southern states.

Explain the effect of the fall in the wheat price on the market for cereals.

Related Book For answer-question

Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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Posted Date: Jul 19, 2019 10:40 AM

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The price of wheat has fallen from $9 a bushel to $7 a bushel in the past

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Wheat acts an important raw material in production of cere... View the full answer

Economics

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