If the market price for a crop is $4.00 a bushel and the price support is $3.00, then raising the price support to $5.00

Name: If the market price for a crop is $4.00 a bushel and the price support is $3.00, then raising the price support to $5.00
Brand: Quizplus
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Quizplus · Accepted Answer

Raising the price support to $5.00 means the government guarantees a minimum price of $5.00 a bushel, higher than the current market price of $4.00. This ensures farmers receive at least $5.00 a bushel, thus increasing the price they receive.

If the Market Price for a Crop Is $4