Factors that determines price of agricultural produce III

Agricultural Science JSS 3 First Term

WEEK 9

Factors that determine the price of agricultural produce III

Performance Objectives

Student should be able to

     1. How market price affect agricultural produce supply to the market.

     2. Identify why there is a sudden rise or drop in price.

Content

Factors that determine the price of agricultural produce contd

5. Market price: Market price is the existing price of agricultural products already in the market. The market price is like a measure of value for determining the price of a product. It is the general price. The market price is divided into two - the ceiling price and the floor price.

The ceiling price is the highest price of a…