Suppose that rice is pays out 1000 per hectare while quinoa, Ask an Expert

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Suppose that rice is pays out $1000 per hectare while quinoa also pays out $1000 per hectare if the rainy season is short. If the rainy season is long, rice pays out $400 per hectare while quinoa also pays out $400 per hectare. In this scenario, to what extent does diversification help the farmer to reduce risk: A. Not at all

B. Less than before, but still helps

C. The same as before

D. More than before

E. More information is needed

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91725328

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