While an Increase in Total Agricultural Production May Benefit Farmers

question 60

True/False

While an increase in total agricultural production may benefit farmers as a group, it will not benefit an individual farmer to increase his production.

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Definitions:

Disintermediation

The removal of intermediaries in a supply chain, allowing producers to sell directly to consumers.

Channel Intermediaries

Entities that facilitate the distribution process by moving products from producers to consumers, including wholesalers, retailers, agents, and brokers.

Intensive Distribution

Intensive Distribution is a marketing strategy where a company aims to make its products available in as many outlets as possible, maximizing visibility and accessibility to consumers.

Sales Volume

The total quantity of products or services sold by a company in a specified period, used as an indicator of business performance.