Agricultural price-support programs result in consumers paying lower prices for the product.

Name: Agricultural price-support programs result in consumers paying lower prices for the product.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

Agricultural price-support programs typically involve the government setting a minimum price for certain agricultural products, which can lead to higher prices for consumers as the market price is artificially increased above what it might otherwise be in a free market.

Agricultural Price-Support Programs Result in Consumers Paying Lower Prices for the Product