Do corn farmers earn zero economic profit in the long run? - the corn on the run run
Assume that the producers of grain-ups face high fixed costs and variables, are the well-established producers of maize.
True or false: If the corn industry is competitive, all corn growers achieve zero profits in the long run.
Wednesday, January 27, 2010
The Corn On The Run Run Do Corn Farmers Earn Zero Economic Profit In The Long Run?
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2 comments:
Dont click here Mabye virus
I think there is a point in your question about the reasons for rising food prices and the price of corn falls into a situation too low.
http://growthenergy.org/foodvsfuel/Growt ...
It was probably with the bubble economy to promote the equity shares, real estate, I believe, did not lead to burst sooner or later. My personal opinion is the price of oil is determined by the speculation and war and the price of corn is also controlled by such speculation in the market for goods, demand, fixed costs and variable in the corn, oil prices and biofuels, and tactics of lobby in Washington. The answer is incorrect. Subsidies to farmers is the systematic policy of almost all developed countries, Japan, China, Russia and especially the government subsidized farmers in the United States more than any other country in the world. All farmers need food on the table, and they are all eligible voters in American elections, this will in any case, the President deserve the producer of cereal zero long-term economic benefits.
I think for the good of the good life for Workin hardg farmers, the new American president the following steps for a political necessity.
1) destroy the world equity markets and over time completely in a few years. Revitalization of the trade of the new stock exchange in real and nominal values of the United States no more than 20-30% of the total present value of total shares. Legislating new law to the mid-range of financial products by people reducing their income and the control by the Commission at least 50% less than in the past to benefit caps, executive inevitable competitive and investors are perfectly right to remove, remove all pictures of the premium if you do not reach can improve financial returns.
2) To ensure the elimination of the peoples of property transactions for the prevention of negative economic bubble of more than five times or more than their real value for equity.
Are you aware that all the American leaders of more, even for the collapse of companies for the job?
http://money.cnn.com/magazines/fortune/f ...
GM engine is currently used by the Congress of the requestD 300 billion of bonds in the giant automobile industry. It was also noted GM's leaders are in excess. Why is Toyota, GM, but can not?
I think the economy in Hong Kong is always a deep recession. The cost of the officers, executive officers and secretaries who work and public administration accounted for 70% of the total GDP of Hong Kong. Many scientists have proposed that all employees in Hong Kong have their wages and reduce payrolls by more than 8% and some up to 60%. There are two million people a total of seven million people live below the poverty line and in which one million are described as a life as a dog. Hong Kong has a very similar situation for corn producers disadvantages food prices, the people of senior officials and experts VS. You do not know the situation of American farmers compared to those of many poor people of Hong Kong. You can not afford a McDonald Hamberger.
I think Hong Kong should replace the new laws on pension fund for all pensioners with a pension of at least 3000 HK $ / month, legislationFunds come true fruits of HK $ 1,000 (2009 in force, and the current rate is HK $ 625 to 705/month, which is to take the exchange rate of 1 U.S. dollar to trade HK $ 7.7) on the basis of the needs of ordinary life Number five of the most expensive city in the world. Reduce the wages for all workers and pension funds paid too liberal action is inevitable for the government of Hong Kong fascist make this city, without question, in the harmony of the VS, too rich to poor.
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