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Increased output will cause farmers' revenue to decrease when market demand is?

Increased output will cause farmers' revenue to decrease when market demand is?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Elastic
  • B Inelastic
  • C Unitary elastic
  • D Perfectly elastic
Correct Answer: Option A
Explanation:

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