Now assume that, the following year, the price of coffee drops 40%, the price of sugarcane stays even,
and the price of soybeans rises 50%. Calculate the difference in Ortiz's earnings, depending on
whether he devotes all his land to coffee or whether he diversifies, planting the three crops in the
proportions shown in the chart. Compare and contrast Ortega's shortfall in these two situations.
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Now assume that, the following year, the price of coffee drops 40%, the price of sugarcane stays eve...
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