Chapter 4 Elasticity
Problem 2.
To obtain data on the prices and quantities of wheat, use the table that we’ve prepared for you.Use the link from that table to visit the FAO website in Rome.
You will also find more information at:
OPEC
International Petroleum Exchange
Problem 3.
To obtain data on the production and prices of oranges in the United States over a long run of years, visit the FAO databases, or download the Excel spreadsheet that we have prepared for you.You will also find more information at:
OPEC
International Petroleum Exchange