Problem
Big Drops in Prices for Crops Make It Tough Down on the Farm Grain prices have fallen roughly 50 percent from earlier this year. With better-than-expected crop yields, world grain production this year will rise 5 percent from 2007 to a record high. Why did grain prices fall in 2008? Draw a graph to show that short-run effect on an individual farmer's economic profit.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.