What is the effect of stability of market price on a produce? The

AGRICULTURE
WAEC 1991

What is the effect of stability of market price on a produce? The

  • A. profit of the producer would be constant if there is no increase in cost inputs
  • B. profit of the retailer will be decreased
  • C. wholesaler will earn more from his sales
  • D. consumers will willingly buy more of the produce

Correct Answer: A. profit of the producer would be constant if there is no increase in cost inputs



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