Suppose a frost destroys the tomato crop

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Suppose a frost destroys the tomato crop in california but farmers see an increase in their revenue

A) The decrease in supply led to huge price increases.

B) Tomatoes are necessities.

C) The cross-price elasticity between tomatoes and most other substitute vegetables is very low.

D) The demand for tomatoes is price inelastic.

Reference no: EM13886528

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