1. Improved hybrid seeds will result in

2. Which one of the following is a correct strategy for reducing 'production risk?

3. Ken and Kevin are reviewing their family farm business. Their business advisor tells them one advantage of incorporating their farm business is that it will:

4. Agriculture ranks

5. Markets play an important role in rural development, income generation, food security, developing rural-market linkages and ________ issues.

6. Purchase of a put option on corn means the buyer:

7. What is the path called that an agricultural commodity follows from the 'farmer's gate to the consumer's plate?

8. What is the most important point to consider in developing a farm lease contract?

9. In agricultural markets, prices are affected by all of the following except:

10. Estimated resale value is called

11. Pathogenic microorganisms cause

12. The degree range of 40 to 140 degrees Fahrenheit is known as the

13. The price of pork goes up in the grocery store due to a shortage of pork production in the country. This represents the economic concept of:

14. Global markets present

15. A farmer is purchasing a new tractor that costs $100,000. His dealer will finance the tractor under the following terms: 25 percent down payment with the balance repaid in equal principal payments over the next five years at 7 percent APR. The farmer expects the tractor to last for ten years and have a salvage value of $20,000. How much interest will the farmer pay the first year of the loan?

16. Assume the goal is to maximize profit. An appropriate tax management strategy for the farm business over time is:

17. All of the following factors can cause famines except

18. A farmer decides that a parcel of land 'isn't worth the price. This means the:

19. The role of price in a free market is all of the following except:

20. Compounding means:

21. The government agency that visits restaurants to make sure food is maintained at the proper temperature is the

22. A survivor who inherits property is a(n)

23. A written agreement by which an owner of property transfers title to someone for the benefit of beneficiaries is a

24. A demand curve shows

25. Government regulations of agriculture products within the United States is an example of a