If the demand for food were elastic, would bad weather be better for farmers than good weather?

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If the demand for food were elastic, would bad weather be better for farmers than good weather? Use a diagram to explain your answer.

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 08:07 AM

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If the demand for food were elastic, would bad weather be better for farmers than good weather?

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