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Title: When a farmer increases the amount of fertilizer used by 10%, the farmer's crop of corn increases by Post by: stars_and_moon on Jul 20, 2016 When a farmer increases the amount of fertilizer used by 10%, the farmer's crop of corn increases by 3%, and the farmer's crop of wheat increases by 5%. Which of the following statements is true about elasticity with respect to fertilizer?
A) Corn has a higher elasticity than wheat. B) Wheat has a higher elasticity than corn. C) Wheat and Corn are unit elastic. D) Wheat and Corn have the same elasticity. Title: Re: When a farmer increases the amount of fertilizer used by 10%, the farmer's crop of corn ... Post by: kingby on Aug 9, 2016 Content hidden
Title: Re: When a farmer increases the amount of fertilizer used by 10%, the farmer's crop of corn increases by Post by: stars_and_moon on Aug 17, 2016 Perfectly answered :D
Cheers Title: Re: When a farmer increases the amount of fertilizer used by 10%, the farmer's crop of corn increases by Post by: kingby on Aug 18, 2016 I instantly knew the answer when I read the question, happy to help
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