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1. Suppose that the government of a nation who's producers export coffee burns one-third of all the coffee fields before they can be harvested. Explain the impact of this action on the global price and quantity of coffee.

2. Consider the question above. Can you explain, in economic terms, why the government would be motivated to do such a thing?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91952023

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