Jain, Monika - In: The IUP Journal of Managerial Economics IX (2011) 2, pp. 44-55
Paradox of plenty in agriculture implies that a bumper crop reaped by the farmers brings a smaller total income to them. The fall in the income or revenue of the farmer as a result of the bumper crop is due to the fact that with greater supply the prices of the crop decline drastically and in...