Explain the effect of the fall in the wheat price on market


Problem

Rain falls on wheat parade The price of wheat has fallen from $9 a bushel to $7 a bushel in the past seven months as rain and snow fell on the southern states.

Explain the effect of the fall in the wheat price on the market for cereals.

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

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Microeconomics: Explain the effect of the fall in the wheat price on market
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