As the revenue of the farmer is realized in raw produce…
“As the revenue of the farmer is realized in raw produce, or in the value of raw produce, he is interested, as well as the landlord, in its high exchangeable value, but a low price of produce may be compensated to him by a great additional quantity.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Farmers and landlords seek high market value for raw produce; low prices can be offset by larger quantities.
In simple terms: Low price can be balanced by volume.
Key Takeaway
Consider quantity versus price.
Themes
economics
agriculture
value
price
quantity
Mood
analytical
pragmatic
Type
economic
educational
When to use this quote
- farming
- trade negotiations
- policy making
Key Concepts
market dynamics
supply chain
Questions to Reflect On
- When is volume a viable strategy?
- What risks arise from low pricing?
A Different Perspective
High volume may not always compensate low prices.