Question 28
MediumOriginal questionUnder contract farming, a farmer
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
Food-processing and fast-food firms contract with farmers for a crop of a given quality at a fixed price, which cuts the farmer's price risk.
- Concept
- Contract farming
- Typical timeTypical
- 70 s
- Your timeYours
- —
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