Which of the following is not a source of farm power?
Wind
Bull
Tractor
Plough
Correct answer is D
Sources of farm power are ways in which energy used for carrying out farming activities are generated from.
Marketing processes do not include
Production
Assembling
Distribution
Processing
Correct answer is A
Marketing processes involve ways to moving or making goods available from the producer to the final consumer.
Increases
Decreases
Is unaffected
Is unpredictable
Correct answer is B
According to he law of supply ,the higher the supply the lower the pieces of goods/services and vice versa.
Artificial scarcity of agricultural produce is often caused by the following marketing agents except
Farmers
Wholesalers
Middlemen
Co-operative
Correct answer is A
Artificial scarcity is a purposeful reduction of supply even though demand is high to maximize prices.
Demand for rice
Elastic limit
Supply of rice
Preference for rice
Correct answer is A
Demand is the quantity of goods a buyer is willing to buy at a particular price and at a particular period of time.