Which Term Refers to a Type of Farming in Which

question 211

Multiple Choice

Which term refers to a type of farming in which the farmer produces food only for the farmer's family?

• A) mixed agriculture
• B) subsistence agriculture
• C) grameen agriculture
• D) aquaculture

---

Definitions:

Product Differentiation

The practice of distinguishing a product or service from others, to make it more attractive to a particular target market.

Demand Curves

Graphical representations showing the relationship between the price of a good and the quantity demanded by consumers.

Competitive Price-searcher

A market structure where firms have some degree of market power and set prices above marginal costs but must consider competitors' prices to attract consumers.

Market Exit

Market exit involves a company or business ceasing operations or leaving a particular market or industry.