Why can farmer income remain low even after agricultural production increases?
Answer and explanation
Correct answer: If market price falls and selling cost rises
Income depends not only on output but also on price and cost. In exams, remember the difference between production and profit.
Frequently asked questions
What is the correct answer to this question?
If market price falls and selling cost rises
Why is this the correct answer?
Income depends not only on output but also on price and cost. In exams, remember the difference between production and profit.
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.