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Mathematics 12 Online
OpenStudy (anonymous):

i will give medals if demand for farm crops is inelastic, a good harvest will cause farm revenues to --- (increase or decrease - explain in detail)

OpenStudy (mathmale):

Think: if this year's harvest is better than last year's, would revenue from selling that harvest be greater or lesser than last year's?

OpenStudy (mathmale):

Please stop offering medals for help. That sounds like bribery.

OpenStudy (anonymous):

but it increases the chance of getting an answer i will expect a higher revenue

OpenStudy (mathmale):

That's right: the farm's revenue will be higher. No comment on the bribery thing. I've made my point on that already.

OpenStudy (anonymous):

but the answer is decrease because of a percentage fall in price greater than the percentage change increase in quantity sold. but i do not understand why:((

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