Use economic theories analyse the questions, assignment help

Read the article Dairy farmers are being ‘milked dry’, but let’s remember the real cost of milk (The Conversation, 25/05/16) attached, about the animal welfare and environmental concerns associated with dairy farming in Australia. 

Then use economic analysis to answer the following questions. In your answers, ensure that you use relevant economic theories, concepts and/or diagrams covered in this course. Note that general layman or journalistic discussions do not constitute sufficient economic analysis. 

See specific in attachment below. Please attach diagrams for each question.

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