Question

Describe and discuss how agricultural supply controls impact farmers, buyers and the quantity of agricultural outputs?

Answer 1

Supply and price are proportional to each other the greater the supply the higher the price attained.

Agricultural impacts each farmers in a such a way that the if the supply of their goods increase the income they earn will be more.If the supply of their goods is less the farmers will earn less income for their production.

Buyers always buy products in their required quantity the large supply of goods the less amount paid by the buyer will be under control. If there is less supply of good than the demand for the good goes up and buyer has to pay more price.

Quantity of agricultural output: The more the supply of outputs the more the more production will take place thus the more income generates. The less the supply of output less the production will be making the output scrace.