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Causes Of Instability In Agricultural Incomes - Economics Jamb Past Questions and Answers

Economics Questions And Answers On Causes Of Instability In Agricultural Incomes
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Economics Jamb Past Questions


Questions and Answers on Causes of instability in agricultural incomes

Question 1 :



A demand which gives rise to the reverse of the law of demand is__________

A. Derived demand
B. Joint demand
C. Abnormal demand
D. Composite demand


Question 2 :



One of the major causes of farmers' unstable income in Nigeria is _________

A. The effect of diseases and pests
B. Industrial pollution
C. Mining and extraction activities
D. Population growth


Question 3 :



Increased output will cause farmers' revenue to decrease when market demand is?

A. Elastic
B. Inelastic
C. Unitary elastic
D. Perfectly elastic


Question 4 :



The marketing of agricultural commodities in Nigeria is hampered by

A. Lack of adequate storage facilities
B. The existence of farmers' associations
C. The existance of commodity exchange
D. The abolition of marketing boards




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