define agriculture economy?
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Answer:Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber.
Explanation:Economics has been defined as the study of resource allocation under scarcity. Agricultural economics, or the application of economic methods to optimizing the decisions made by agricultural producers, grew to prominence around the turn of the 20th century.
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lAgricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber.
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