Question: Because the demand for wheat tends to be inelastic, the development of a new, more productive hybrid wheat would tend to increase the total revenue

Because the demand for wheat tends to be inelastic, the development of a new, more productive hybrid wheat would tend to
increase the total revenue of wheat farmers.
decrease the supply of wheat.
decrease the demand for wheat.
decrease the total revenue of wheat farmers.
1 pts
Because the demand for wheat tends to be

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