Multiple Choice
The demand for agricultural output is price inelastic.This means that if farmers,taken collectively,have a bumper crop,they will have _____ prices,_____ quantities sold,and _____ incomes.
A) lower;greater;lower
B) lower;greater;higher
C) lower;lower;lower
D) higher;higher;higher
Correct Answer:
Verified
Correct Answer:
Verified
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