Introduction, Background and History of the commodity in California (2 pages) In-depth economic analysis of the commodity in California describing the following concepts as they apply to your commodity: -profit maximization -supply and demand -perfect/imperfect competition -fixed and variable inputs -opportunity cost -barriers to entry -elasticity (2pages) Government Regulation and Agricultural Policy Describe the agricultural policy from the state of California that impacts your commodity. Also include federal government regulation such as subsidies if they apply to your commodity. (1 pages) Marketing/International Trade/Other interesting facts Discuss the marketing of your commodity, whether there is an international market for the good and any other interesting facts.(2 pages)
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