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
Reply
Share
Share
Follow
