Question

Why do some agribusiness firms engage in production contracts? Provide at least one justification and how...

Why do some agribusiness firms engage in production contracts? Provide at least one justification and how a production contract corrects production issues.

Homework Answers

Answer #1

Agribusiness firms engage in production contracts to ensure no one player dominates the market and industry prices remain in sustainable range.

Production contracts ensures quality standards and quantity specifications, compensation for farmers, thus ensuring the production issues to be mitigated as there is no excess inventory or defects in goods.

PLEASE UPVOTE INCASE YOU LIKED THE ANSWER WILL BE ENCOURAGING FOR US THANKYOU VERY MUCH ALL THE BEST IN FUTURE

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Why do firms engage in private water transportation? What are the advantages of such service and...
Why do firms engage in private water transportation? What are the advantages of such service and what types of firms are likely to have their own fleets?
Provide economic explanations for the following: 1.Why is most productive activity carried out by firms rather...
Provide economic explanations for the following: 1.Why is most productive activity carried out by firms rather than by individuals who contract mutually with one another? 2. What influences the boundaries of the firm? 3. As islands of centralized planning, how do firms deal with Hayek’s knowledge problem critique of attempts to centrally plan economic activity? 4. Explain the problems of monitoring and metering employee productivity. How do firms overcome these issues?
Provide some reasons as to why firms will cluster in a certain area.
Provide some reasons as to why firms will cluster in a certain area.
How can currency issues provide firms with the real option of altering inputs? _____ Firms can...
How can currency issues provide firms with the real option of altering inputs? _____ Firms can buy currencies with lower values and use those currencies to buy necessary inputs for production Firms with multiple locations can transfer inputs from one location to another Firms can establish production facilities in several countries and shift production to countries with weak currencies to reduce production costs Firms can speculate in currencies with an attempt to offset production losses
What do researchers believe explains why some individual to engage in precocious, promiscuous, unprotected sex or...
What do researchers believe explains why some individual to engage in precocious, promiscuous, unprotected sex or also highly likely to engage in other types of delinquent behavior
In their production decisions, why are some firms substituting capital for labor? Discuss both the prices...
In their production decisions, why are some firms substituting capital for labor? Discuss both the prices of inputs and the firms' technologies.
Other Searches. For each question, answer the prompt and provide at least one full sentence of...
Other Searches. For each question, answer the prompt and provide at least one full sentence of reasoning and justification. More than one sentence may be necessary. Q2) Is hill climbing guaranteed to find the optimal solution? Why or why not?
Response should be between 500 words or more "One lesson that every marketing student should understand...
Response should be between 500 words or more "One lesson that every marketing student should understand s that most companies will engage in some form of misconduct. As Warren Buffet stated, "we just hope it's small and that we find it quickly." Because marketers engage in behaviors impacting many varied stakeholders, their potential to do harm and opportunity to have a very positive impact is great...." 1a. Why do you think marketing is an area that is involved with so...
why do some firms reverse their decision to become public companies elect to "go private". discuss...
why do some firms reverse their decision to become public companies elect to "go private". discuss some of the advantages and disadvantages.
Can you also provide explanations alongside work so I can understand how to do similar questions...
Can you also provide explanations alongside work so I can understand how to do similar questions later on? 2) Thyroid stimulating hormone (TSH) in the population of individuals without thyroid disorders has a density with mean 2 mIU/L and standard deviation 0.64 mIU/L. a. Do you have enough information to compute (at least approximately) the proportion of individuals in this population who have TSH greater than 3 mIU/L? If so, provide this value. If not, explain why. b. Do you...