Homework answers / question archive / Because farm products have a low elasticity of demand a small change in farm output will have A) An indeterminate effect on price B) No effect on price C) A smaller effect on price D) A larger effect on price

Because farm products have a low elasticity of demand a small change in farm output will have A) An indeterminate effect on price B) No effect on price C) A smaller effect on price D) A larger effect on price

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Because farm products have a low elasticity of demand a small change in farm output will have

A) An indeterminate effect on price

B) No effect on price

C) A smaller effect on price

D) A larger effect on price