tag:blogger.com,1999:blog-1752771132348583018.post4260101373941036951..comments2024-03-28T04:18:27.812-05:00Comments on Managerial Econ: Why are cows leaving California?Luke Froebhttp://www.blogger.com/profile/06832270922187297624noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1752771132348583018.post-66968114605782180922013-02-27T23:57:59.201-06:002013-02-27T23:57:59.201-06:00Nice blogging for information of California cows &...Nice blogging for information of California cows & dairy products but at the same time feel sympathy with cheese producers get to pay. :(Nifty Future Tipshttp://www.capitalheight.com/nifty-future.phpnoreply@blogger.comtag:blogger.com,1999:blog-1752771132348583018.post-46363187285256341152012-12-04T08:52:54.226-06:002012-12-04T08:52:54.226-06:00Hi,
I would like to point out that the prices are...Hi,<br /><br />I would like to point out that the prices are regulated as minimums, not maximums. The farmers can choose to sell at any price greater that the currently allowed minimum. The dairy farmers are basically asking the government to require a higher price. In other worlds, this particular regulation does not limit the market’s ability to adjust the price upward. Rather it is the dairy farmer’s desire to price close to the enforced minimum, in order to be competitive, which is causing the distress. It seems likely that in an unregulated market the price for milk would be even lower, not higher. I’d be interested to hear why you think the price would rise without this floor price. Anonymousnoreply@blogger.com