Question

    Optimizing the employment of farm resources on a farm level is known as __ ?

    A Macro economics Correct Answer Incorrect Answer
    B Agricultural marketing Correct Answer Incorrect Answer
    C Production economics Correct Answer Incorrect Answer
    D Farm management Correct Answer Incorrect Answer

    Solution

    Farm management is the making and implementing of the decisions involved in organizing and operating a farm for maximum production and profit. Farm management draws on agricultural economics for information on prices, markets, agricultural policy, and economic institutions such as leasing and credit.

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