The Discovery of a New Hybrid Wheat Would Increase the Supply

question 31

Multiple Choice

The discovery of a new hybrid wheat would increase the supply of wheat.As a result,wheat farmers would realize an increase in total revenue if the

• A)supply of wheat is elastic.
• B)supply of wheat is inelastic.
• C)demand for wheat is inelastic.
• D)demand for wheat is elastic.

---

Definitions:

Subtle Manner

A way of doing things that is not obvious or direct but still effectively communicates the intended message.

Mixed Signal

Behavior or communication that seems contradictory or unclear, making it difficult to understand the person's intentions or feelings.

Well Organized

Characterized by a systematic and efficient arrangement or coordination of parts; neat and orderly.

Disorganized

Lacking structure or order, leading to inefficiency or chaos.