Explore BrainMass

Explore BrainMass

    Good/bad paradox in agriculture

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    If the demand for farm products were elastic rather than inelastic, would the good/bad paradox still exist? Why or why not.

    © BrainMass Inc. brainmass.com March 4, 2021, 8:31 pm ad1c9bdddf

    Solution Preview

    The good/bad paradox occurs when farmers have a very large crop, but their revenues fall because there is limited demand for any particular ...