What are the consequences to the farmers ?

timer Asked: Oct 18th, 2018
account_balance_wallet $15

Question Description

Read: Grocery retailers dominant role in evolving world food markets


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:

  1. What are the consequences to the farmers and to the consumers of increased concentration in retailing and processing industry?
  2. After reading this article, what do you believe is the tendency for the agriculture industry, would it still be a perfect competitive market?

Tutor Answer

School: UIUC

Hey again. Please find attached. Let me know if you need edits.

Surname 1

Consequences for the Farmers and Retailers
The increased concentration in the retailing and processing industry has critical impacts
to both the farmers and retailers as evident in Sexton’s article. One of the consequences for the
farmers in increased inefficiencies due to recorded departures from the competi...

flag Report DMCA

Top quality work from this guy! I'll be back!

Similar Questions
Hot Questions
Related Tags
Study Guides

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors