Increased output will cause farmers’ revenue to decrease when market demand is? By: Sunday|Published on: Oct 30|Categories: Economics JAMB| 0 comments A. elastic B. inelastic C. unitary elastic D. perfectly elastic Correct Answer: Option A – elastic Users Also Read These:The effect of an increase in demand for a commodity…If aggregate demand is lower than total output in an…In order to increase revenue, the government should…A decrease in supply with demand remaining unchanged…Personal income tax as a source of government…SEE ALSO An issue of bank-notes not backed by gold but by government securities is known as?