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From course:

Economics A Level (DONEEEEEEE)

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Question:

What does it mean for Primary Products to be Volatile?

Author: eric_galvao



Answer:

-Producers' Incomes and Earnings from Exports could change Greatly -If Supply and Demand are Inelastic (Cash Crops) then any change in Either will Greatly Affect the Price. This Uncertainty makes it hard to Plan and Invest


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