Demand for grain for farmers is price inelastic. As a result: Question 31 Answer saved Select one: Points out of a. total revenue falls when output increases 5.00 Flag O b. total revenue rises when output decreases question C. a lower than normal crop as a result of bad weather can result in higher total revenue for the farmer d. all of the above Clear my choice Question 32 Not yet Which statement below is not accurate regarding Medicaid-funded health care answered as discussed in the Chapter 6 Public Policy Case Study? Points out of 600 Select one: question a. beneficiaries consume Medicaid services to the point where the zero marginal value of the last service consumed (doctor visit etc,) equals b. beneficiaries attach little or no value to their final unit of Medicaid funded health care, and their consumer surplus is zero be sizeable c. the marginal cost to taxpayers for Medicaid related health services can the Book Air