Question: farmer rick grows barley in montana one spring he hires...
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Farmer Rick grows barley in Montana. One spring, he hires an economist to advise him on how to increase his profits. The economist goes away for a while...He estimates the demand for barley and returns to tell Rick that market demand has a linear relationship to the price in the market, and that the relationship is Q=2000-0.1p (Q is a bushel of barley). Farmer Rick decides that economists are useless. Why?
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