Question: Please select the correct answer and explain your reasoning Suppose you read the following headline in the newspaper: Hail damages strawberry crops, causing the price

Please select the correct answer and explain your reasoning

Suppose you read the following headline in the newspaper: "Hail damages strawberry crops, causing the price of strawberries to rise significantly. It has been a disastrous year for strawberry farmers." Based on this headline, you conclude that the strawberry industry has demand. O perfectly inelastic O elastic O unit elastic O perfectly elastic O inelastic

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