The Interdependence Principle Is All About the Connections Between Markets

The price of other things that some i's business could sell affects how much oll focus on producing coffee versus those other goods. The independence principle reminds us that our decisions are linked across time, which is why expectations matter. If the price of something is low to day, you caun decide to stock up on it and sell it next year when you expect the price may go up again. Can't hang on to a cup of coffee and sell it to morrow. But the coffee bean sellers he buys from can choose to store their beans to sell later if they think that the price will rise in the future.