Suppose the Demand Curve for Corn Is Inelastic Between the Current

Multiple Choice

Suppose the demand curve for corn is inelastic between the current price and price that exists after the supply of corn falls.It follows that

A) fewer farmers are producing corn at the new price than at the old price.
B) the total revenue for corn is lower at the new price than at the old price.
C) the total revenue for corn is higher at the new price than at the old price.
D) more farmers are producing corn at the new price than at the old price.
E) a and c