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Refers to the difficulty that farmers have in disposing of tractors, plows, and silos when downsizing or shutting down their operations.

a. Asset Fixity
b. Nonrecourse loan
c. Commodity loan rate
d. Payment Rate

1 Answer

4 votes

Final answer:

Asset Fixity refers to the difficulty that farmers have in disposing of tractors, plows, and silos when downsizing or shutting down their operations.

Step-by-step explanation:

The difficulty that farmers have in disposing of tractors, plows, and silos when downsizing or shutting down their operations is referred to as Asset Fixity. When farmers face financial difficulties or need to scale down their operations, these fixed assets can become a burden because they are difficult to sell or repurpose.

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