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Using fertilizers in farming is an example of?No cost productionLow cost productionHigh cost productionNone of these

Question

Using fertilizers in farming is an example of?

  • No cost production
  • Low cost production
  • High cost production
  • None of these
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Solution

Using fertilizers in farming is an example of High cost production. Here's the reasoning behind this answer:

  1. Understanding Production Costs: Production costs in farming can be classified as low, medium, or high, depending on the inputs required.

  2. Fertilizers as Inputs: Fertilizers are chemical or organic substances that add nutrients to the soil, enhancing crop yield. The purchase and application of fertilizers involve significant expenditure.

  3. Comparison with Other Inputs: While there are various inputs in farming, such as labor, water, and seeds, fertilizers typically account for a larger portion of production costs, especially in intensive agricultural practices.

  4. Conclusion: Given the associated expenses for high-quality fertilizers, their significant impact on total farming costs categorizes the use of fertilizers as high cost production.

Thus, using fertilizers in farming typically represents high cost production.

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