Question 29
MediumOriginal questionAssertion (A): Distress sales lower farmers' incomes.
Reason (R): Farmers who cannot store or wait must sell when prices are lowest, just after harvest.
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
Selling at the seasonal low cuts the price received.
R explains A.
- Concept
- Distress sale
- Typical timeTypical
- 70 s
- Your timeYours
- —
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