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Which of the following is an effect of stability of market price in agricultural production?

Agricultural Science
WAEC 2001

Which of the following is an effect of stability of market price in agricultural production?
  • A. profit of the producer would be constant with input cost
  • B. wholesalersearn more from sales
  • C. profit of the retailer will be decreased
  • D. consumers will look for chaeper alternatives
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Correct Answer: Option A
Explanation
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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
Join your school's WhatsApp group
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Join your school's WhatsApp group
NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789