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How will a record surplus of wheat due to excellent weather conditions most likely impact the price of wheat?
Since all farmers will have a surplus, the market will be flooded and the price of wheat will decline.
Pretest - Civics and Economics 7. Excellent weather helps wheat farmers yield a record surplus crop. How will the surplus most likely impact the price of wheat?
This is a test question you need to answer. We don't do your homework.
What surplus was traded by mesopotamia?
The Mesopotamians traded surplus wheat and barley.
What is a surplus traded by Mesopotamia?
Glass was traded as a surplus. They traded it for stone and wood
Why is Bulgaria an important agricultural region?
Bulgaria has a vast area of fertile, plain land (Danube plain) and good plain in Dobruja. Here Bulgaria grows it wheat. Wheat is surplus in the country and Bulgaria exports the surplus.
Why are prairies developed grasslands?
Because of the amount of soil and the depth of it, wheat is grown there. And also because the temperature is such perfect conditions for the wheat...
How much is the price of 1 kg wheat?
In March 2012 the price of wheat was $260 for 1 metric ton
After experiencing a in wheat production the farmers earned prices per bushel were lower than anticipated?
surplus
Why are prairies are known as the granaries of the world?
The prairies are known as the granaries of the world because of the '''''surplus wheat production.'''''
What is the likely effect on the demand for wheat if the government introduce price ceiling?
It depends on what the price ceiling amount is set to. If it is high, then sellers may set prices at that and then the demand will fall. Whereas it could be a good thing, as it would prevent the price increasing by a large amount and being set too high, which would mean the demand for wheat would increase.
What is mold wheat?
Guessing from the name, it most likely is mold that lives on wheat.
An example of price floor in Pakistan?
Government of Pakistan always set a minimum price level of wheat to support the farmers from disheartening. Means that if the farmer is getting less price for its wheat crop in the open market. He may sell his wheat to government of Pakistan at a high price which set by the government.
