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Between 1907 and 2001 many apple farmers switched from traditional to organic growing methods, increasing production of organically grown apples from...
Between 1907 and 2001 many apple farmers switched from traditional to organic growing methods, increasing production of organically grown apples from 1.2 million boxes per year to more than 3 million boxes. If the market for organic apples is perfectly competitive, which of the following statements is inconsistent with the statement above?