Price supports are generally used in
A) labor markets.
B) industrial markets.
C) housing markets.
D) markets for services.
E) agricultural markets.

Question

Quizplus · Accepted Answer

Price supports are commonly used in agricultural markets to help ensure that farmers receive a minimum price for their crops or products. This is often done through government intervention, such as setting a price floor for a certain commodity or providing subsidies to farmers.

Price Supports Are Generally Used in