Question 1 Report
The main objective of marketing boards is to
accumulate revenue for government
educate farmers on pricing of cash crops
stabilize the incomes of cash crop farmers
provide warehousing facilities
Answer Details
The prime motive in the establishment of most marketing boards is to stabilize producer prices, particulary in the case of products designed primarily for those export markets in which price fluctuations are most violent.
Cooperative societies are formed mainly to
Which of the following factors is not a cause of change in demand? Changes in
A minimum price legislation is also called
Scale of preference shows
The use of the bank rate, cash ratio and open market operations constitute
If the quantity demanded of a commodity increases from 20 units to 30 units when there is an increase in price from $4.00 to $5.00, the elasticity of demand is
Gross National Product (GNP) less the provision for the wear and tear of assets is the
The sufficient condition for a firm to be in equilibrium is that the
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