Discuss the failure of revenues to keep up with the increase


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Read "John Carter: Hedging" and analyze the following questions:

John Carter was a farmer in Northern Massachusetts. John, like all of the farmers around him, grew apples and shipped his harvest to Boston for sale at the prevailing market price. The farm had been in John's family for three generations; from his inheritance and prudent management, John had built his net worth to $300,000. Like many of his neighbors, John was being pressed by increasing costs and by the failure of revenues to keep up with this increase. John worried that a really bad year could wipe him out and he might lose the farm.

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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