Prices of farm products are
A)Very stable in the short run.
B)Subject to short-term swings.
C)Below the market equilibrium price because of price support programs.

Question

Quizplus · Accepted Answer

Farm products are subject to short-term swings in prices due to various factors such as weather conditions, global trade policies, and consumer demand. While price support programs may provide some stability to prices in the long run, they do not ensure stability in the short run.

Prices of Farm Products Are