\fa) At the present equilibrium, what is the total revenue received by farmers (in millions of dollars)? S bj Suppose that the oat industry had a very good harvest and the supply Increased by 30 milion bushels Draw the new supply curve In above shown graph Plot only the endpoints or the curve above and position those points on the edges of the graphing area. ") What will be the new total revenue received by farmers (in millions of dollars)? di what does this suggest about the elasticity of demand for oats? Demand _ Click to soleally