Outlines of Agricultural Economics a Span Classsearchtermclassspan book

Cover Outlines of Agricultural Economics a Span Classsearchtermclassspan book
Outlines of Agricultural Economics a Span Classsearchtermclassspan book
Edwin Griswold Nourse
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11. What idea of marginal utility governs the thrifty housekeeper when she is purchasing a winter supply ofapples in the fall ? Does the quantity stored depend upon what suppliers areasking for their stocks ?
12. Explain what is meant by a demand schedule. Draw up a schedule of the demand for cranb erries in accordance ii hnthe data in selection 146.
13. Make a demand schedule for potatoes accord wg tot the best information you can get. Make another for grapefruit. How do they differ ? Why ?
32
... VALUE AND PRICE AS RELATED TO FARM PRODUCTS 33 14. If a crop were doubled, would its price fall one-half ? Look up actual price figures in the Yearbook of the United States Department of Agriculture or elsewhere and compare the prices of good and poor crop years.
15. If it appears that changes in supply result in more abrupt changes in the price of some goods than in the case of others, how do you explain it ?
16. In your own feelings, do you find that added units of some goods are accompanied by a more rapidly diminishing utility than others?


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