Economics · Agricultural Economics

The difference between the price paid by the ultimate consumer and the price received by the primary producer for an equivalent quantity of farm produce is termed as:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Price spread✓
2Price ratio
3Price structure
4Market performance

Correct answer

Price spread

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The difference between the price paid by the ultimate consumer and the price received by the primary producer for an equivalent quantity of farm produce is termed as:

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The difference between the price paid by the ultimate consumer and the price received by the primary producer for an equivalent quantity of farm produce is termed as:

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