Agribusiness Value Chain - Energy Inputs, Processors Understand the components of the agribusiness value chain. Which of the following statements is false? (select the best answer) Input costs make up a small portion of most production expenses since energy from daylight is free. Production efficiency may be enhanced by indirect energy inputs such as fertilizers and chemicals. Mixing and transforming commodities take place at the secondary processing stage. Commodity contracts are accessible to producers and processors alike via the futures market.

Agribusiness Value Chain - Energy Inputs, Processors Understand the components of the agribusiness value chain. Which of the following statements is false? (select the best answer) Input costs make up a small portion of most production expenses since energy from daylight is free. Production efficiency may be enhanced by indirect energy inputs such as fertilizers and chemicals. Mixing and transforming commodities take place at the secondary processing stage. Commodity contracts are accessible to producers and processors alike via the futures market.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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