Based on the video, How can you characterize the different elasticities of demand in (1) the farmgate prices for farmers as producers and (2) in the wholesale/retail prices for supermarkets? Which is more elastic or inelastic and why is this the case? What impacts would this discrepancy have on the welfare of farmers vis--vis the welfare of retailers? Reference video: https://youtu.be/k577guZ0g1g. Reference on the difference between farmgate price and wholesale price: https://www.fao.org/economic/the-statistics-division-ess/methodology/methodology-systems/price-statistics-and-index-numbers-of-agricultural-production-and-prices/4-concepts-on-price-data/en/