What are the costs/benefits of the milk price drop to the Australian economy?
I'm doing a project on the milk price drop in economics. The price of milk has just fallen by 30% for farmers yet the retail price of milk, cheese and other dairy products remains the same. How will/is this affecting the Australian economy? What are the costs and/or benefits of this?
Asked By: Anna-Feliz - 4/26/2009
Best Answer - Chosen by Asker
milk price down benefit all the end consumers, that means affordability for people may get better from this particular consumption, therefore they have more money to deal with other living costs. the confidence may increase... More
Answered By: anti-bias - 4/27/2009
Additional Answers (1)
You gotta check out for other information for you to make a prediction... More
Answered By: firstname.lastname@example.org - 4/26/2009
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