Small family farms are unable to compete with large factory farms because they are unable to operate at similar economies of scale.

Question

Quizplus · Accepted Answer

Small family farms typically have higher operating costs per unit of production compared to large factory farms due to factors such as lower efficiency and access to fewer resources. This makes it difficult for small family farms to match the prices of large factory farms and remain competitive in the market.

Small Family Farms Are Unable to Compete with Large Factory