Marginal cost, marginal revenue 30. Supply, demand Short answer 31. Varity of firms in agribusiness sector- produces, shippers, processors, wholesalers, retailers. No other industry has this wide variety. Variety in size- significant divergence in size of agribusiness from John Deere to the sole proprietor implement dealer.
Agribusiness tends to be family oriented.
Traditional philosophy of life- more conservative than other industries. Deal with nature- floods, droughts, insects, other pests, more so than other industries. Planning, organizing, directing, coordinating, controlling 33. Depreciation represents the cost to the business of assets wearing out. Depreciation is a tax deductible expense and is included in the income statement of the firm as an operating expense, it also shows up on the balance sheet, by reducing the value of fixed assets.