Parity pricing refers to
A) a price floor that creates a desired relationship between the prices farmers have to pay for goods they buy and the prices they get for goods they sell
B) a price ceiling that creates a desired relationship between the prices farmers have to pay for goods they buy and the prices they get for goods they sell
C) the subsidization of farm prices in markets where new technology is adapted
D) the government's price intervention to create parity among various farm product prices, such as the price per bushel of corn, wheat, or soybeans
E) the government's price intervention to create income equality (or parity) among farms producing identical goods, such as corn or cotton, according to farm size
Correct Answer:
Verified
Q92: The "story of agriculture" in the United
Q93: The output per acre on U.S. farms
Q94: In a nutshell, what explains the chronic
Q95: The farm problem in the United States
Q96: Government intervention in agricultural markets was
A) ruled
Q98: Government intervention in the farm economy that
Q99: The purchasing power of farmers is determined
Q100: If the government establishes a price floor
Q101: The invention of parity price ratios was
Q102: A price floor has no effect in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents