Overview of Agribusiness Unit one: Overview of Agribusiness and possible careers in the industry alexandra_lacyy published on September 07, 20162 responses 0 « Previous Next » Questions in vertical order 1/10 Five elements of agribusiness (five p's) Product, place, price, promotion, people Posession, place, people, price, promotion Product, place, production, possession, promotion 2/10 What is the definition of agribusiness? The study of marketing principles in the agriculture industry An economic system that is involved in providing agricultural products Set of different elements put together to form a process of progression 3/10 Price=minimum average cost=? Allocative efficiency Production efficiency Demand efficiency 4/10 Five approaches to agribusiness include Production, product, time, selling, marketing Product, production, selling, marketing, societal marketing Place, time, form, marketing, selling 5/10 What are the three sectors of agribusiness? Input, Output, Median Supply, Demand, Quality Input, Production, Marketing 6/10 What is equilibrium? Type answer. Hint: 28 characters 7/10 Four untilities to agrimarketing include, Form, Production, Place, Time Form, Posession, Time, Place Product, Price, Place, Form 8/10 If supply and demand increase, what happens to the price? Increases Remains the same Decreases 9/10 Intellectual property means? Type answer. Hint: 28 characters 10/10 Price=marginal cost=? Revenue efficiency Allocative efficiency Production efficiency
