The short-run instability in the prices of agricultural products arises from the following factors, except

Question

Quizplus · Accepted Answer

The short-run instability in the prices of agricultural products is primarily due to factors like inelastic demand, fluctuations in farm outputs, and fluctuations in demand for the products, rather than fluctuations in the incomes of the farmers. The incomes of farmers are more of a consequence of price changes rather than a cause of short-run price instability.

The Short-Run Instability in the Prices of Agricultural Products Arises