Download or read book Perverse Supply Response in Agriculture written by Adam Ozanne and published by . This book was released on 1992 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The law of supply is one of the simplest and most powerful predictions of neoclassical economic theory. However, like all theories, it is based upon a number of assumptions, departure from which may jeopardise its predictions. This book investigates such departures and the possibility that they may result in perverse supply response in agriculture.