The risk of production in agricultural business is borne by the

AGRICULTURE
WAEC 2023

The risk of production in agricultural business is borne by the

  • A. farm owner
  • B. farm labour
  • C. farm assistant
  • D. farmer's family

Correct Answer: A. farm owner

Explanation

Farm owner is the one who bears the risk of production in agricultural business, as they have the ultimate responsibility for the business's success or failure and make critical decisions that impact the farm's performance and profitability.



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