3.02 Trends

Which of the following is not a factor in the number of farm operations decreasing?

• Large farms acquiring (buying) smaller ones
• Government policies favoring larger farms
• Urbanization converts agricultural land to alternative uses
• Small farms are putting larger farms out of business

What is the term for larger businesses being able to maintain higher income and lower costs than smaller businesses?

• Economies of scale
• Large Business Incentive
• Monopoly
• Economy of size

The average age of primary farm operators is:

• Getting younger
• Getting older
• Remaining the same
• Dropping rapidly

Which is a reason that somebody interested in farming may not be able to?

• It is cost prohibitive (expensive)
• It requires 8+ years of higher education
• Most primary operators are young, with many years to continue farming
• There is no demand for agricultural products

Which of the folllowing is true of trends in consumer preferences?

• Decrease in milk consumption
• Increase in beef consumption
• Decrease in fish consumption
• Decrease in chicken consumption

Which is not a common marketing term that is desirable for some consumers?

• Antibiotic-free
• Locally raised
• No added hormones
• Commercially raised

What is the term for pet supplies delivered on a recurring interval?

• Pet subscription boxes
• Conventional feed buying
• Pet stores
• Companion animal industry

A labradoodle is an example of a:

• Purebreed
• Hybrid
• Linebred animal

Are exotic pets regulated in Moore County?

• Yes
• No

Exotic animal bans vary from state to state.

• True
• False