The government can influence the price of agriculture products by?

ECONOMICS
JAMB 1995

The government can influence the price of agriculture products by?

  • A. fixing minimum prices when agricultural output is low
  • B. fixing maximum prices in years of bumper harvest
  • C. the use of buffer stock and stabilization funds
  • D. paying all farmers producing identical crops a uniform amount of money

Correct Answer: C. the use of buffer stock and stabilization funds



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