Agricultural commodities are known to have a, Ask an Expert

Economics

Agricultural commodities are known to have a price-inelastic demand and the be necessities, How can this information allow us to explain why the income of farms falls (a) after a good harvest? (b) In relation to the incomes in other sectors of the economy?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9472372

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