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The risk of production in agricultural business is borne by the

Agricultural Science
WAEC 2023

The risk of production in agricultural business is borne by the

  • A. farm owner
  • B. farm labour
  • C. farm assistant
  • D. farmer's family
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Correct Answer: Option A
Explanation

Farm owner is the one who bears the risk of production in agricultural business, as they have the ultimate responsibility for the business's success or failure and make critical decisions that impact the farm's performance and profitability.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts