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Question 9
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- Distinguish between the terms loan and subsidy as used in agricultural financing. [2 marks]
- (i) Define the term supply. [2 marks]
(ii) Use the information in the supply schedule below to draw a supply curve. [3 marks]
Price of Cocoa (Le) |
Supply of Cocoa (tonne) |
10,000 |
450 |
15,000 |
550 |
20,000 |
700 |
25,000 |
1,000 |
30,000 |
1,700 |
- Use the supply curve drawn to explain the relationship between supply and price.
[2 marks]
- State two advantages and two disadvantages of using farm and home visits as a
teaching method in agricultural extension work. [4 marks]
- Mention three characteristics of agricultural produce in relation to marketing. [3 marks]
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This question was fairly attempted by the candidates. In 9(a), majority of the candidates were able to distinguish between loan and subsidy as used in agricultural financing. Further to this, in 9(b)(i) most of the candidates were able to define supply. However in 9(b)(ii) majority of the candidates were unable to draw a supply curve from the supply schedule provided. They could not also explain the relationship between supply and price as required in 9b(iii). Further to this, in 9(c) most candidates could not state two advantages and two disadvantages of using farm and home visits as a teaching method in agricultural extension work. Also they could not mention three characteristics of agricultural produce in relation to marketing as required in 9(d).
The expected answers include:
(b)
(iii) Explanation of relationship between supply and price of cocoa
The lower the price of cocoa the lower the quantity of cocoa the farmers are willing to supply
OR
The higher the price of cocoa the higher the quantity of cocoa the farmers are willing to supply.
(c) Advantages and Disadvantages of farm and home visits as a teaching method in agricultural extension work.
Advantages
- The extension worker gains first hand knowledge of actual farm situations.
- Personal visit develops goodwill, confidence and mutual trust between farmer and extension agent.
- It gives opportunity to farmers to present peculiar problems and for the extension agent to answer specific questions and grant specific requests.
- It helps extension workers to single out local leaders.
Disadvantages
- Personal visits are expensive and time-consuming.
- Only a few farmers are reached at a time.
- There is the tendency to visit some farmers more often than others, thus arousing
resentment in the farming community
(d) Characteristics of agricultural produce in relation to marketing
- Seasonality
- Perishability
- Bulkiness
- Large number of producers
- Some agricultural produce cannot be consumed in the form in which they are produced.
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