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What is the effect of inelastic demand for agricultural products on the income of a ...
Classroom
Economics Classroom
Jamb
Jamb 1997
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What is the effect of inelastic demand for agricultural products on the income of a farmer?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
A price rise results in its fall
B
A price fall results in its fall
C
A price fall results in its rise
D
A price rise leaves the income unchanged
Show Answer
Show Explanation
Correct Answer:
Option A
Explanation:
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Accounts - Principles of Accounts
Animal Husbandry
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Agricultural Science
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