Business, 31.03.2020 04:05 EvelynJ21011

Due to a drought in Georgia, the market price for peanuts rises by 20% nationwide. If the price elasticity of demand for peanuts is 0.8, what would happen to total revenue for peanut farmers who were not affected by the drought?

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Due to a drought in Georgia, the market price for peanuts rises by 20% nationwide. If the price elas...