Multiple Choice
Which of the following best describes the agricultural sector for much of the 20th century and today?
A) high productivity,price elasticity of demand less than 1,income elasticity of demand greater than 1
B) low productivity,price elasticity of demand greater than 1,income elasticity of demand less than 1
C) high productivity,price elasticity of demand less than 1,income elasticity of demand less than 1
D) low productivity,price elasticity of demand less than 1,income elasticity of demand greater than 1
Correct Answer:
Verified
Correct Answer:
Verified
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