Soil texture can be refered to as
Distribution of soil particles in a given sample
Movement of water through the soil
Distribution of the different sizes of soil particles
The degree of soil aeration
Correct answer is C
Soil Texture is the classification of soil based on its physical texture and characteristics, particularly the size of the particles that make up the soil.
Determine the equilibrium price of rice
N1.00
N2.00
N3.00
N4.00
Correct answer is B
No explanation has been provided for this answer.
The wear and tear of farm structures over time is described as
Appreciation
Depreciation
Capitalization
Salvage value
Correct answer is B
Choice B is correct. The wear and tear of farm structures overtime is described as depreciation.
What is the change in quantity of rice demand when the price increases from N1.00 to N5.00?
8kg
6kg
4kg
2kg
Correct answer is B
No explanation has been provided for this answer.
The factor of production whose reward is profit is
Land
Labour
Capital
Entrepreneurship
Correct answer is D
The factor of production whose reward is profit is entrepreneurship. The reward for land is rent, the reward for labour is wages or salaries while the reward for entrepreneur is profit and the reward for entrepreneur is profit and the reward for capital is interest. Therefore, choice D is correct.