The Market as a Social Institution — Sociology STD 12 Humanities — Question
CBSE BoardEnglish MediumSTD 12 HumanitiesSociologyThe Market as a Social Institution2 Marks
Question
What is meant by support price?
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Answer
The government fixes maximum support price for certain agricultural products.
Farmers also have the option to sell their produce in the open market if they get better profit.
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