Which of the following statements about agribusiness is True?
A) Many of today's farmers are engaged in precision farming.
B) Corporate farms are declining in economic importance.
C) Technology is not an important factor in agribusiness
D) Forecasters predict a decline in the demand for farm products over the next two decades.
E) The number of corporate farms has decreased over the past two decades.

Question

Quizplus · Accepted Answer

Many of today's farmers are indeed engaged in precision farming, which involves the use of technology such as GPS and data analytics to improve crop yields and reduce waste, reflecting the importance of technology in modern agriculture.

Which of the Following Statements About Agribusiness Is True