Podcast
Questions and Answers
What is the primary reason for the high prices of processed or value-added produce?
What is the primary reason for the high prices of processed or value-added produce?
- It has a higher demand
- It has uniform quality (correct)
- It has a shorter shelf life
- Its production requires more labor
Why do agricultural commodity prices fluctuate substantially more than manufactured products?
Why do agricultural commodity prices fluctuate substantially more than manufactured products?
- Due to differences in production costs
- Due to changes in government policies
- Due to weather conditions
- Due to variation in supply and demand (correct)
Why were producers unable to fix a reserve price for their produce?
Why were producers unable to fix a reserve price for their produce?
- Due to the bulkiness of the product
- Because of the perishable nature of the produce (correct)
- Because of the seasonality in production
- Due to the high marketing cost
What is a major challenge faced by small and marginal farmers in India?
What is a major challenge faced by small and marginal farmers in India?
Why do processing firms have more control over the supply of their products?
Why do processing firms have more control over the supply of their products?
What happens to the price of commodities during the harvest period?
What happens to the price of commodities during the harvest period?
What is the primary benefit of processing agricultural commodities?
What is the primary benefit of processing agricultural commodities?
What is a challenge in grading and standardizing produce?
What is a challenge in grading and standardizing produce?
What is an advantage of processed products?
What is an advantage of processed products?
What increases as a result of the bulkiness of the product?
What increases as a result of the bulkiness of the product?
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