Causes of instability in agricultural incomes - Jamb Economics Past Questions and Answers

Question 1:

• JAMB 2019

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:

• JAMB 2017

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:

• JAMB 2000

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

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

Question 4:

• JAMB 2004

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