5 Written Questions

1. money loaned
2. a strategy designed to make the price seem lower or less significant than it is.
3. est. by an act of congress in 1933. To provide favorable, short-term credit for ag.
4. the estimated amount of weight that an animal will lose when it is transported to market.
5. refers to the amount of profit generated by additional inputs.

5 Matching Questions

1. barrow
2. Resource Substation
3. commission
4. Supply
5. Retail marketing

1. a a castrated male swine
2. b selling a product directly to consumers.
3. c the amount of a product available at a specific time and price.
4. d The selling agent receives this for the service of selling the animals.
5. e refers to the use of one resource or item to replace another, when the results are the same.

5 Multiple Choice Questions

1. administered as an agency of the U.S. Department of Ag.
   1. Commodity Credit Corporation
   2. Commodity exchange
   3. Opening a position
   4. Offsetting a position
2. also provides loans to agribusinesses.
   1. Agribusiness management
   2. Opening a position
   3. Farmers Home Administration
   4. Small Business Administration
3. for a period of 1 yr or less.
   1. Amortized loan
   2. Short-term loans
   3. Long-term loans
   4. Add-on loan
4. Categories of info about consumers or potential consumers.
   1. Consumer demographics
   2. Cooperatives
   3. Long-term loans
   4. Loss-leader pricing
5. interest is subtracted from the principal at the time the loan is made.
   1. Amortized loan
   2. Add-on loan
   3. Long-term loans
   4. Discount loan

5 True/False Questions

1. Skiming → the amount of a product wanted at a specific time and price.

   True        False

2. Yield grades → refer to the amount and distribution of finish on the animal.

   True        False

3. Simple-interest loan → for a period of 1 yr or less.

   True        False

4. wethers → swine older than 4 months

   True        False

5. Video merchandising → created by Congress in 1916 to provide long-term credit for ag.

   True        False