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Class 11Home ScienceWork, Livelihood and CareerTraditional occupations in India - AgricultureExpertLevel 8

What is the correct difference between production risk and market risk in agriculture?

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Answer and explanation

Correct answer: Production risk is linked with yield, market risk with sale price and demand

Production and market risks affect income through different causes. Exam tip: identify risks separately.

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home-scienceproduction-riskmarket-riskagriculture-economics

Frequently asked questions

What is the correct answer to this question?

Production risk is linked with yield, market risk with sale price and demand

Why is this the correct answer?

Production and market risks affect income through different causes. Exam tip: identify risks separately.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Agriculture.

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