Question on: JSS1 Agricultural science - Introduction to Agricultural Economics
Discuss the importance of understanding agricultural economics for farmers and policymakers.
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Understanding agricultural economics is vital for farmers and policymakers as it:
  - Optimises Resource Allocation: Helps farmers allocate resources efficiently, maximising productivity.
  - Improves Profitability: Enhances farmers' ability to make informed decisions that positively impact profitability.
  - Contributes to Sustainability: Encourages practices that balance economic viability with environmental and social considerations.
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