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The low-income residents are the most impacted ones and substitution effect has major consequences on these food purchases. Furthermore, people’s income also has an impact on the food purchases and this would be explained in this economics assignment.

Tags: GLOBAL FOOD PRICE MICROECONOMICS AUSTRALIA

This Economics assignment focuses on several regular events, such as food price rising, property price rising, and negative externalities associated with plastic materials, for describing and evaluating the impacts of economics on these events.

Tags: GLOBAL FOOD PRICE AUSTRALIA MACROECONOMICS

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