Edmonds Community College Microeconomic Concepts Questions

Make sure to respond to the questions based on the articles. Try to include any relevant microeconomic concepts or thinking as derived from your readings. Thank you!!

#4: The American Cherry Industry Falters.
What might be the best approach to help out the American cherry farmers? (Read the “Cherry Capital of the U.S. Faces…” file)

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#5: Soaring Meat Prices.
What might be a possible response to these soaring prices for meat in China and the world overall? (Read the “Meat Is Getting Pricier Because China…” for this)

#6: Sears, Once the Amazon of the 20th Century – Falls.
What might have been done to save Sears and to help it compete more effectively in the 21st century? (Read the “Inside the Decline of Sears…”)

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