Agricultural Science Questions
Question 27:
The degree of responsiveness of demand to change in the price of goods or produce is referred to as
- A Relative Elasticity of demand
- B Unit Elasticity of demand
- C Price Elasticity of demand
- D Perfect Elastic demand
View Answer & ExplanationQuestion 29:
Which of the following is not a source of farm credit
- A Mortgage banks
- B Government agencies
- C Agricultural banks
- D Cooperative societies
View Answer & ExplanationQuestion 30:
Increase in farm produce is not usually improved by the
- A Use of improved crop varieties
- B Increased use of manure and fertilizer
- C Improved sales of crop and livestock
- D Use of better farm equipment and tools
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