LEA – Agricultural Economics and Marketing Reviewer 2025

 

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#1. Given a combination of increase in consumers income and a decrease in prices factors of production the result will be

a lower equilibrium price and higher equilibrium quantity

a lower price and higher quantity level

a higher price and a lower quantity level

such that the direction of changes in price and quantity will be uncertain

#2. The MR curve under pure competition is horizontal because

the market demand for this product is perfectly elastic

price falls as output increases

the law of diminishing utility is at work

the firm is a price taker

#3. During inflation, the real value of income

increases

none of the above

decreases

remains unchanged

#4. Equilibrium occurs in two-sector model when

consumption plus investment equals planned investment

aggregate spending equals the revenue of business firms

all of the above

saving equal investment

#5. Inflation brought about by consideration market power is related to as

demand pull inflation

structural inflation

cost push inflation

all of the above

#6. A steeply drawn supply curve indicates

production may be increased without substantially increasing price

an increased demand may be met with a substantial price increase

quantity demanded changes over time

none of the above

#7. A marketing service that influence the buyers and/or consumers to buy. The objective is to inform consumers what is available for purchase, especially if the product is new in the market.

market research

branching

advertising

market intelligence

#8. An increase in the income of Filipinos wanting computers would

create no effect on the demand curve

induce a movement along he demand curve

shift the demand curve downward

shift the demand curve upward

#9. A change in quantity demanded or supplied

none of the above

is caused by any of the determinants of demand or supply

is presented by a shift of he entire demand or supply curve

is caused by a change in price of the good itself, when all other things remain unchanged and is represented by a movement from the point to another of the demand or supply curve

#10. When there is a price ceiling on the price of crude oil

all of the above will take place

quantity demanded will increase because of the low price

quantity supplied decreases because of the lower price

supply of crude oil decreases because of the lower price

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Prepare for the Licensure Examination for Agriculturists (LEA 2025) with our free reviewer designed to help you master the core subjects. This reviewer covers essential topics based on the exam’s Table of Specifications, making it a reliable guide for self-study.

Agriculture Board Exam Reviewer Topics 2025

Our reviewer is organized by major subject areas tested in the board exam, including:

• Crop Science Reviewer 2025

• Soil Science Reviewer 2025

• Animal Science Reviewer 2025

• Crop Protection Reviewer 2025

• Agricultural Economics and Marketing Reviewer 2025

• Agricultural Extension and Communication Reviewer 2025

This structure ensures that you review all Agriculture board exam topics for 2025 in a systematic and efficient way.

LEA Reviewer Sample Questions 2025

Boost your readiness with LEA 2025 reviewer sample questions patterned after actual board exam items. These practice questions allow you to test your knowledge, identify weak areas, and gain confidence before exam day.

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