The demand for most agricultural goods is elastic.Consequently,an increase in supply will increase the total income of producers of agricultural goods.

Name: The demand for most agricultural goods is elastic.Consequently,an increase in supply will increase the total income of producers of agricultural goods.
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The Answer of The demand for most agricultural goods is elastic.Consequently,an increase in supply will increase the total income of producers of agricultural goods.

The Demand for Most Agricultural Goods Is Elastic