How can this information allow to explain when income

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Agricultural commodities are known to have a price-inelastic demand and to be necessities. How can this information allow us to explain when the income of farmers falls (a) after a good harvest, (b) In relation to the incomes in other sectors of the economy?

Reference no: EM13146401

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How can this information allow to explain when income : Agricultural commodities are known to have a price-inelastic demand and to be necessities. How can this information allow us to explain when the income of farmers falls (a) after a good harvest, (b) In relation to the incomes in other sectors of ..

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