Identify three raw products the farm in the following scenario could produce and sell, and describe two ways to create value for the products identified. Situation: The newly purchased farm is located on a 250-acre plot of land filled with grass, shade, trees, and wild flowers, and it has a fresh water spring running through the middle of the property. The land is located on the outskirts of a small town, so there is virtually no contamination by pollution. Chickens, cows, and honeybees will be raised.

The three products that the farm can produce and sell are -

a) Honey

b) Milk

c) Egg and Chicken

Two ways of value addition

a) Food processing

b) Packaging and labelling

Explanation:

The three products that the farm can produce and sell are -

a) Honey

b) Milk

c) Egg and Chicken

The two ways by which value can be added to these product is

a) Labelling and packaging - Labelling and packaging the milk, honey and egg can add value to the product and can fetch good some of money

b) Processing the food item - Milk can be processed to produce cheese, curd etc. Price of processed food is much higher than that of non processed food.

i think it one of his hm q but he dont understand it i think

claude wants to buy a car and there are a few factors that will affect the decision he makes in choosing what car he should buy. the first factor that can affect his decision regarding what car to buy can be the social and the cultural influence of the society he is living in. for example, there might be a certain car that might have a better value in the eyes of the society or in other words a better social norm regarding that car.

another factor can be personal habits. claude might need a spacious car because he might have kids or might utilize the back seat for other purposes hence a sports car (2 seated) won’t be appropriate.