If the Demand for a Particular Farm Product Is Inelastic

Multiple Choice

If the demand for a particular farm product is inelastic between price P? and P? (where P? > P?) ,farmers as a group would want to sell their product at the

A) higher price, but an individual farmer would rather sell his product at the lower price.
B) higher price, and an individual farmer would rather sell his product at the higher price, too.
C) lower price, but an individual farmer would rather sell his product at the higher price.
D) lower price, and an individual farmer would rather sell his product at the lower price, too.