WAEC Past Questions and Answers - Page 1838

9,186.

Subsistence agriculture mainly involves

A.

High capital input on the farm enterprise

B.

Food production on large scale farms

C.

Food production using family labour

D.

Mechanisation of all farm operations

Correct answer is C

No explanation has been provided for this answer.

9,187.

Artificial scarcity of agricultural produce is often caused by the following marketing agents except

A.

Farmers

B.

Wholesalers

C.

Middlemen

D.

Cooperatives

Correct answer is A

No explanation has been provided for this answer.

9,188.

Marketing processes do not include

A.

Production

B.

Assembling

C.

Distribution

D.

Processing

Correct answer is A

No explanation has been provided for this answer.

9,189.

Rural farmers mostly obtain loans from

A.

Government

B.

International Monetary Fund

C.

Merchant banks

D.

Money lenders

Correct answer is D

No explanation has been provided for this answer.

9,190.

Which of the following is an effect of stability of market price in agricultural production?

A.

Profit of the producer would be constant with input cost

B.

Wholesalers earn more from sales

C.

Profit of the retailer will be decreased

D.

Consumers will look for chaeper alternatives

Correct answer is A

No explanation has been provided for this answer.