A price floor in an agricultural market is called

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A price floor in an agricultural market is commonly referred to as a "price support." This is because the government sets a minimum price that producers can receive for their product, and often implements programs to ensure that this minimum price is met (such as purchasing surplus products). "Farm support," "farm subsidy," and "farm support price" are all similar terms that refer to government assistance programs for farmers, but they are not specific to price floors. "Agricultural floor" is not a commonly used term in this context.

A Price Floor in an Agricultural Market Is Called