Several years ago flooding along the Missouri and Mississippi rivers
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Several years ago, flooding along the Missouri and Mississippi rivers destroyed thousands of acres of wheat.
a. Farmers whose crops were destroyed by the floods were much worse off, but farmers whose crops were not destroyed benefited from the floods. Why?
b. What information would you need about the market for wheat in order to assess whether farmers as a group were hurt or helped by the floods?
"96% of our customers have reported a 90% and above score. You might want to place an order with us."
