Agricultural Science WAEC

What is the effect of stability of market price on produce? The

A. profit of the producer would be constant if there is no increase in cost inputs
B. profit of the retailer will be decreased
C. wholesaler will earn more from his sales
D. consumers will willingly buy more of the produce
E. producer and wholesaler will benefit from the economic of large scale production

Correct Answer:

Option A – profit of the retailer will be decreased

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