In the U.S., corn and soybeans become the most popular and cheapest sources of food for almost all the people on earth.
The fact of the matter is that most people around the world have no idea that they’re being fed the most popular and cheapest foods, but that’s exactly what they are. Because people grow corn and soybeans for food, the amount of corn and soybeans available to them is the equivalent of the amount of money that they have on hand.
That’s the reason why the corn and soybeans have the same price curve as a country. Every single day, in the U.S. corn and soybeans have the same price. You see this with any agricultural product, like apples or bananas. If you buy apples in the U.S., you get the same apples as you buy in the U.K. Same with bananas.
This is why every single supply curve has the same slope. If you have $100 in your pocket and $100 is on the table, the only difference is the price of corn and soybeans. If you buy a million dollars worth of corn and soybeans from a farmer in China, the price of corn and soybeans will be the same as the price of the farmer in the U.S.
It’s a good thing, because the price of the corn and soybeans will be the same. The price of corn and soybeans is the same regardless of when you buy it. If you get a couple hundred dollars worth of corn and soybeans, it won’t be the same as the price of corn and soybeans.
This is why you should never buy a house in the middle of a new construction area. If the price of the house is the same as the price of the farmland, you will be paying for the land. The land is an asset, and you should be paying the same for it as you would for an amount of land that you own.
That’s why you should always “rent” a farm. You have a farm that you own, and because you rent it to others, you get a return on your investment. When you sell your farm, what you have left of it is what you paid for, and you get a profit, which is the same as if you bought it new.
That’s why most supply curves are upward sloping. You’ll eventually end up with a situation where your money is no longer enough to buy the farm. But because you can’t afford it, you should be renting it. You’re paying the same price for the land as you would if you owned it outright.
If you think about it, rental properties are in a different category. They still have all the same advantages as their more common counterparts, but they do it with a less dramatic difference in return. If your land is worth $X, you want to sell it for $X +$Y, because you know it’s going to be worth at least that much again in a few months, or even a year.
As it turns out, the fundamental reason why most supply curves are upward sloping is that land isnt cheap. The average purchase price of land in the US has been falling for years, while the value of homes in the same area has been increasing. This is the reason why rental properties are so much more expensive that they should be. Most people don’t want a large chunk of their real estate just sitting around and getting devalued over time. That’s why they rent.