What is the relationship between demand and supply in agriculture?
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Correct Answer: Option B
Explanation:
In agriculture, demand and supply are interdependent factors. Demand refers to the quantity of agricultural products that consumers are willing and able to purchase at a given price. Supply, on the other hand, refers to the quantity of agricultural products that producers are willing and able to offer for sale at a given price. The relationship between demand and supply is often represented by the concept of market equilibrium.
In agriculture, demand and supply are interdependent factors. Demand refers to the quantity of agricultural products that consumers are willing and able to purchase at a given price. Supply, on the other hand, refers to the quantity of agricultural products that producers are willing and able to offer for sale at a given price. The relationship between demand and supply is often represented by the concept of market equilibrium.