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Increased productivity in the agricultural sector is not always a benefit to farmers because it is ...

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Increased productivity in the agricultural sector is not always a benefit to farmers because it is ...

Increased productivity in the agricultural sector is not always a benefit to farmers because it is accompanied by

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lower prices and if demand is inelastic, lower prices mean lower revenues.

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higher prices and if demand is elastic, higher prices mean lower revenues.

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lower prices and if demand is elastic, lower prices mean lower revenues.

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higher prices and if demand is inelastic, higher prices mean lower revenues.

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Economics

Edition: 12^th

Author: Arnold

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