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Agricultural Economics
Section A: Objective Type & Short Questions (30 marks)
Part one:
Multiple choices:
I. Selection and adoption of best packages of practices comes under: (1)
a) Agricultural marketing
b) Systems of farming
c) Types of farming
d) Farm management
II. When price rises, demand? (1)
a) Decreases
b) Contracts
c) Increases
d) Remain sam
III. Perfect Elasticity is shown by: (1)
a) Vertical straight line
b) Horizontal straight line
c) Slopping curve right to left
d) lopping curve left to right
IV. Smaller than economic holding is known as: (1)
a) Optimum holding
b) Ownership holding
c) Basic holding
d) None of the above
VI. When increase or decrease in the level of one product does not affect the production level of another product, this relationship is known as? (1)
a) Competitive
b) Complementary
c) Supplementary
d) Joint product
V. Specialized farming and diversified farming are: (1)
a) Types o