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part 2.. In this second scenario, assume that farmers must pay to bring in rented bees to maintain the quantity of almond production. Draw a new graph to Illustrate how paying to bring bees to the...

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part 2.. In this second scenario, assume that farmers must pay to
ing in rented bees to maintain the quantity of almond production. Draw a new graph to Illustrate how paying to
ing bees to the field changes the almond market.
Answered Same Day Sep 25, 2021

Solution

Komalavalli answered on Sep 25 2021
138 Votes
Scenario 1:
Market equili
ium of almond :
In market equili
ium supply of almond equals the demand for almonds. Equili
ium quantity of almond is Qpri and price is Ppri.
Part 2
Almond output and honey bee population growth are inversely related. This was illustrated in the below graph.
From above graph we can say that Production A1 level of almonds result in H1 growth of honey bee population with increase in almond output from A1 to A2 honey bee population decreases from H1...
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