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Consider the market for wheat. Most farmers have loans that are based on flexible interest rates...

Consider the market for wheat. Most farmers have loans that are based on flexible interest rates (i.e. they change with the market rate). Starting off from equilibrium, demonstrate graphically (and write into a table) what happens to P,Q,q, and Profits in the short-run, and long-run, if the interest rate decreases. Provide explanation please!

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