Who ultimately benefits from price supports in agriculture?
A) consumers
B) grocery store owners
C) farmers
D) exporters

Question

Quizplus · Accepted Answer

Price supports in agriculture are put in place by governments in order to protect farmers from fluctuations in market prices. This means that farmers receive a guaranteed minimum price for their crops, regardless of market conditions. As a result, they are able to earn a stable income and continue producing food for consumers. While consumers may benefit from stable prices, the primary beneficiaries of price supports are the farmers themselves.

Who Ultimately Benefits from Price Supports in Agriculture