A discovery that increases wheat yields per acre hurts farmers by increasing supply and lowering their total revenues.

Name: A discovery that increases wheat yields per acre hurts farmers by increasing supply and lowering their total revenues.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A discovery that increases wheat yields per acre increases supply, which lowers the price of wheat. This lowers farmers' total revenues because they are selling their wheat at a lower price.

A Discovery That Increases Wheat Yields Per Acre Hurts Farmers