If the demand for farm products is price inelastic, a good harvest will cause farm revenues to

If the demand for farm products is price inelastic, a good harvest will cause farm revenues to:

A. be unchanged.

B. either increase or decrease, depending on what happens to supply.

C. increase

D. decrease

ECO 561 UOP Final Exam University of Phoenix

Eco561 Eco/561 Final Examination Exam multiple choice quiz


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