1. Let's say you are a farmer in conneticut in 1786 that hoped to make his living by producing tons of high quality grain, and that you did indeed grow acres and acres of it. You didn't grow all that grain to eat, you grew it because your soil, climate, and techniques could produce better grain than most areas in the country. But then the fact is, your general region or country is perfect for specializing in growing this great grain. So most of your country is full of similar farms.

a. what is the likelihood that you could get a great price for your grain in your general area? Use the words "supply" and " demand" to help explain.
b. Generally, what are you going to do to have to get any kind of good price for your grain?

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03-10-2022
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1. Let's say you are a farmer in conneticut in 1786 that hoped to make his living by producing tons of high quality grain, and that you did indeed grow acres and acres of it. You didn't grow all that grain to eat, you grew it because your soil, climate, and techniques could produce better grain than most areas in the country. But then the fact is, your general region or country is perfect for specializing in growing this great grain. So most of your country is full of similar farms.

a. what is the likelihood that you could get a great price for your grain in your general area? Use the words "supply" and " demand" to help explain.
b. Generally, what are you going to do to have to get any kind of good price for your grain?

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