Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Agriculture Research Center of a country (a government organization) introduced a new and innovative irrigation technique that K Part of this would be achieved

The Agriculture Research Center of a country (a government organization) introduced a new and innovative irrigation technique that K Part of this would be achieved by reducing wastage of water caused by field inundations. This would not only be more sustainable in Samira Fernandes, one of the leading researchers at the Center, believes that this innovation would make farming more efficient sin Bob Johnson, her colleague, however felt that farmers might be reluctant to use the new irrigation technique. Which of the following, if true, would support Samira's view? O A. Switching costs involved in adopting this new technology are low. O B. Network externality related to the existing mode of irrigation is high. O C. Traditional farming practices have served farmers well in the past. O D. Farmers in neighboring countries have usually been reluctant to use new techniques. O E. The opportunity cost of the investment in this new irrigation technique was high

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Marketing

Authors: Johny K Johansson

5th Edition

0073381012, 9780073381015

More Books

Students also viewed these Economics questions

Question

1. Too reflect on self-management

Answered: 1 week ago

Question

Food supply

Answered: 1 week ago