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____ refers to a situation when the farmers are compelled to sell their produce immediately after the harvest, no matter how low the market price is.
Open sale
Cash sale
Distress sale
Credit sale
- Open sale: This refers to a sale where the goods are offered to any buyer; prices can fluctuate based on demand and supply.
- Cash sale: In this scenario, the buyer pays for the goods immediately. It doesn’t necessarily depend on the timing of the harvest.
- Distress sale: This occurs when farmers must sell their produce urgently after harvest, often at low prices, due to financial pressures or lack of storage.
- Credit sale: This is when the sale is made on credit, allowing the buyer to pay at a later date.
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