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Agricultural Science 1995 WAEC Past Questions

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46
The quantity of rice that an individual is able to buy during a given period of time is simply the individual's
  • A. supply of rice
  • B. demand for rice
  • C. elastic limit for rice
  • D. performance for rice
  • E. purchasing power
View Answer & Discuss (3) WAEC 1995
47
The major difference between loan and subsidy is that
  • A. subsidy is repayable while loan is not
  • B. both cannot be available to the farmer at the same time
  • C. loan is provided by government only while subsidy is not
  • D. subsidy is expensive to obtain but loan is not
  • E. loan is repayable while subsidy is not
View Answer & Discuss WAEC 1995
48
The loss in value of an asset due to wear and tear in the course of its use is known as
  • A. depreciation
  • B. salvage value
  • C. appreciation
  • D. net worth
  • E. evaluation
View Answer & Discuss WAEC 1995
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49
Farm-gate price is usually obtained through
  • A. the producer
  • B. middlemen
  • C. commodity boards
  • D. co-operatives
  • E. wholesalers
View Answer & Discuss WAEC 1995
50
Which of the following is not a method or agent of disseminating agricultural information?
  • A. individual contact
  • B. agricultural programmes
  • C. marketing channels
  • D. agricultural finance
  • E. co-operative societies
View Answer & Discuss WAEC 1995
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