Here Are Four Positions That Farmer Gomez Can Be In

question 77

Multiple Choice

Here are four positions that Farmer Gomez can be in: (1) bad weather for Gomez and good weather for all other farmers; (2) bad weather for all farmers except Gomez (who witnesses good weather) ; (3) bad weather for all farmers; (4) good weather for all farmers.Assuming the demand for foodstuffs is inelastic,Farmer Gomez would probably rank these four positions,from best for him to worst for him,the following way:

• A)1,2,3,4.
• B)2,1,3,4.
• C)2,3,4,1.
• D)4,3,2,1.
• E)3,4,1,2.