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This will automatically cause consumers to curb their consumption of potatos, or if they value potatos and potato products more than other products, they will curb their consumption in other areas. Likely they will do a combination of both.
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true which is why in mhy post i said limit it to staple crops.
<font class="small">Code:</font><hr /><pre> But they don't overproduce for the public good. The public must pay higher prices, meaning they have less money left over for other purchase, or that they must purchase less agricultural products than they would like to in the absence of the higher prices. This makes the public worse off, not better off. </pre><hr />
what I meant is that the public doesn't get caught in short term massive price fluctuations like in california with the electricity. what do you jmean the public must pay higher prices? you mean public funds from the gov, or higher grocery bills?