Question

what is distress sell ? How does it impact the life of the farmers? ​

Answer 1

Answer:

The surprising practice of distressed selling, where farmers sell produce to outside agents at prices much lower than the government’s guaranteed price, is common in developing countries. We build a tractable stochastic DP model that captures the ground realities – limited and uncertain procurement capacity, high holding costs, and lack of affordable credit – that lead to distressed sales. Using real procurement data, we establish the accuracy of our model and develop useful policy suggestions.

Explanation:

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Answer 2

Answer:

distress sell occurs when seller needs to sell an asset urgently, often to pay debts or medical expenses or for other emergencies, buying a distress sell means that the property is in a poor state of repair.

it impact the life of the farmers by following reasons:-

a)two years of drought

b) collapsing farm prices

c) insurance fails to serve

d) marketing is ignored

Explanation:

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