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Technological improvements in agriculture that shift the supply of agricultural commodities to the right tend to



A. Reduce total revenue to farmers as a whole because the demand for food is inelastic
B. Reduce total revenue to farmers as a whole because the demand for food is elastic
C. Increase total revenue to farmers as a whole because the demand for food is inelastic
D. Increase total revenue to farmers as a whole because the demand for food is elastic

This question is part of Microeconomics [Ch.
Asked by Emy_, Last updated: Feb 18, 2020

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Emy_
Emy_

Answered Aug 17, 2017

Reduce total revenue to farmers as a whole because the demand for food is inelastic
 

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