Farmer Adjustments To Higher Energy Prices

Author : Melvin D. Skold
Publisher : Forgotten Books
ISBN 13 : 9780428665425
Total Pages : 28 pages
Book Rating : 4.6/5 (654 download)

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Download or read book Farmer Adjustments to Higher Energy Prices written by Melvin D. Skold and published by Forgotten Books. This book was released on 2018-01-09 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Farmer Adjustments to Higher Energy Prices: The Case of Pump Irrigators The ability of a firm to pass higher input costs on to consumers depends on the availability of close substitutes for the product.1 If close substitutes exist, small increases in the price of the products affected by higher energy prices will not be accepted in the market. Rather, consumers will turn to the substitutes that are less affected by the new energy costs. On the other hand, if close substitutes do not exist, producers are more likely to be able to pass increased production costs on to consumers. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.