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LiRa [457]
3 years ago
7

The demand for agricultural products is Group of answer choices relatively elastic with respect to price. a. relatively inelasti

c with respect to price. b. relatively elastic with respect to income. c. relatively elastic wth respect to price.d. downsloping to the individual farmer but perfectly elastic to farmers as a group.
Social Studies
1 answer:
Phantasy [73]3 years ago
5 0

Answer:

The correct option for the question is "C," "relatively elastic with respect to price."

Explanation:

The demand for agricultural products is relatively elastic with respect to price. <em>It depicts that more agricultural produce will be demanded by housholds when the prices are low and less of these produce will be demanded if the prices are high.</em>

<em></em>

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