what are the consequences to the farmers
what are the consequences to the farmers
Read: Grocery retailers dominant role in evolving world food markets
http://www.choicesmagazine.org/magazine/article.ph…
Agriculture is one of the few industries cited as example of perfect competitive markets. However, this concept is changing over time. Read the article by Sexton and discuss the following:
- What are the consequences to the farmers and to the consumers of increased concentration in retailing and processing industry?
- After reading this article, what do you believe is the tendency for the agriculture industry, would it still be a perfect competitive market?
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