Bad weather is likely to
A) raise the total revenue farmers receive for their foodstuffs,assuming that demand for their products is inelastic.
B) lower the total revenue farmers receive for their foodstuffs,assuming that demand for their products is elastic.
C) leave the total revenue farmers receive for their foodstuffs unchanged.
D) change the income elasticity of demand for food.
E) c and d
Correct Answer:
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