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QUESTION
Retail Demand (Dr) (in price dependent form) Pr= 135 -Q Marketing Margin (M) (retail price less farm price) M = 54 - .38Q Farm Supply (Sf) (in price...
Retail Demand (Dr) (in price dependent form) Pr= 135 -Q
Marketing Margin (M) (retail price less farm price) M = 54 - .38Q
Farm Supply (Sf) (in price dependent form) Pf = - 47 + 2.16Q
Calculate the equation for the derived demand function facing
growers (Df) and the equation for the derived retail supply function (Sr).
