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What is the most direct disadvantage of lack of market information in agriculture?

Answer and explanation

Correct answer: The farmer may sell at a low price or fail to choose a suitable buyer

Without price and demand information, bargaining can become weak. Exam tip: connect information with market power.

Related tags

Home-ScienceMarket-InformationPrice-RealisationBargainingTraditional Occupations In India AgricultureWorkLivelihood And CareerWork Livelihood And CareerHome Science

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