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Refer to the Demand Graph for a Farm Product

Question 141

Multiple Choice

  Refer to the demand graph for a farm product. It suggests that farmers' revenues or incomes tend to A) fall when the demand for the farm product increases. B) fall when the supply of the farm product increases. C) increase when the supply of the farm product increases. D) be constant when supply of the farm product changes. Refer to the demand graph for a farm product. It suggests that farmers' revenues or incomes tend to


A) fall when the demand for the farm product increases.
B) fall when the supply of the farm product increases.
C) increase when the supply of the farm product increases.
D) be constant when supply of the farm product changes.

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