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Agricultural prices are subject to more frequent fluctuations compared to non-agricultural products due to several factors. Firstly, agricultural production heavily relies on weather conditions, which can be unpredictable and vary significantly from season to season. Secondly, the supply chain for agricultural products is often longer and more complex, which can cause disruptions and affect prices.

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Anurag gth

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Why do prices of agricultural products tend toflactuate more than manufactured products?

Prices of agricultural products tend to fluctuate more than manufactured products due to their dependence on unpredictable factors such as weather conditions, pest infestations, and seasonal variations. Additionally, agricultural production is often subject to supply and demand changes that can occur rapidly, influenced by global market trends and consumer preferences. In contrast, manufactured products typically have more stable production processes and inventory management, allowing for more consistent pricing. This inherent volatility in agriculture makes its market dynamics more susceptible to sudden shifts.


Why does the cost of biofuels affect the price of agriculture products?

The cost of biofuels directly impacts the price of agricultural products because many biofuels are derived from crops such as corn and sugarcane. When biofuel prices rise, farmers may choose to allocate more resources to grow these crops for energy production rather than food, reducing the supply of food crops and driving up their prices. Additionally, higher biofuel prices can lead to increased demand for agricultural inputs like fertilizers and land, further escalating overall agricultural costs. Thus, fluctuations in biofuel prices can create a ripple effect throughout the agricultural sector.


Why the price of agricultural goods tends to fluctuate more than the price of manufactured goods?

Because the supply is less certain.


How were high traiffs supposed to help farmers?

High tariffs were intended to protect domestic farmers by making imported agricultural products more expensive, thereby encouraging consumers to buy locally produced goods. This protectionist measure aimed to stabilize prices for domestic crops by reducing competition from foreign imports. By securing a more favorable market for their products, farmers could potentially increase their incomes and support the overall agricultural economy. Ultimately, the goal was to foster economic resilience within the farming sector.


Why do firms try to sell more products or to sell them at higher prices?

To increase revenue. Revenue = Price x Quantity sold. So if a firm sells more products and/or sells products at a higher price, revenue will increase.

Related Questions

Why do prices of agricultural commodities tend to fluctuate more than those of manufactured goods?

agricultural products expensive more than processed


Why the price of agricultural goods tends to fluctuate more than the price of manufactured goods?

Because the supply is less certain.


What is one common outcome of the industrial revolution and the Commercial Revolution?

Consumer goods became more important to European economies than agricultural products. (APEX)


What are some agricultural products in Romania?

some agriculture products are corn, cabage and much more true fact


Which are commodities include in commodity market?

The commodity market includes agricultural products and the products that can be mined. Agricultural products like wheat, sugar etc. Mined products like gold, oil and more. Tradebulls is a member of MCX and NCDEX and you can trade in both.


Do big countries get lower prices for products and smaller countries products cost more?

YES


What is Puerto Rico's agricultural products?

Puerto Rico's : Agricultural foods are sugarcane , coffee , pineapples , plantains , bannas , livestockproducts , chickens & much more :)


Why still import agricultural products from other countries why Ghana still import agricultural products?

Ghana continues to import agricultural products for several reasons, including the need to meet domestic demand that exceeds local production capabilities. Certain products may not be produced in sufficient quantities or at all due to climate, soil conditions, or economic factors. Additionally, importing can provide access to a wider variety of goods, improve food security, and stabilize prices. Furthermore, trade agreements and global market dynamics often make it more cost-effective to import certain items.


Pennsylvania colony major products?

The major products of the Pennsylvania colony were agricultural products. Some of them included wheat ,dairy, lumber, fish and so much more.


Where can one check prices of specific products?

There are a number of ways of checking prices of products. The most straight forward is to visit a store that stocks the product. A more time effecient method is to check the prices on the company website or on a price comparision website.


How do tariffs hurt consumers?

the tariff raised prices of prouducts causing them to have to pay more for products


What is the main agricultural products in Afghanistan?

PomegranatesPomegranate JuiceGrapesGrape JuiceRaisinsMelonsAlmondsCherriesDried PlumsSee the related link below for a more in-depth list.