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2 marksEconomic Factors of Production

CSEC Agricultural Science · May/June 2008 · Paper 2 · Question 2(c)

Give TWO reasons to show how acquiring capital allows the farmer to improve business profitability through economies of scale.

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Other parts of this question

  1. 2(a)State ONE economic factor of production, OTHER THAN capital.[1 mark]
  2. 2(b)Working capital is one type of capital in agricultural business. Name the OTHER type of capital.[1 mark]

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