A Bountiful Wheat Harvest Can Be Bad News for Wheat

Multiple Choice

A bountiful wheat harvest can be bad news for wheat farmers because the

A) ​supply curve for an individual wheat farmer is usually perfectly elastic.
B) ​supply curve for an individual wheat farmer is usually perfectly inelastic.
C) ​demand for wheat is usually inelastic, meaning that factors that shift supply curve to the right decrease total revenues to sellers.
D) ​demand for basic wheat is usually elastic, meaning that factors that shift supply to the right increase total revenues to sellers.