Acreage allotments, which limit the number of acres planted with a particular crop, have an effect on the crop's price that is

Name: Acreage allotments, which limit the number of acres planted with a particular crop, have an effect on the crop's price that is
Brand: Quizplus
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Quizplus · Accepted Answer

Acreage allotments limit the supply of a particular crop, which can lead to higher prices due to reduced competition. This is consistent with a price-support program, which aims to keep prices at a certain level by reducing supply.

Acreage Allotments, Which Limit the Number of Acres Planted with a Particular