Grains places usually suffer from inelastic likewise have standards Elasticitys off supply To the extent that farming can be regarded as a means of life, and never a corporate, modifications to prices is difficult, humdrum and you may slow. Cereals costs you to definitely stay lower, eventually has actually pressed farmers from the homes. It migration off of the ranch could have been happening for centuries nevertheless goes on through the 20 th 100 years. However, there are couple alternative…