Examlex
Which of the following statistic is also known as the average?
Price Support
Government interventions or policies designed to maintain the market price of a commodity or product at a certain level, usually to protect producers' incomes.
Price Floor
A government-imposed minimum price for a good or service, preventing the market price from falling below a certain level, potentially leading to a surplus.
Agricultural Market
A marketplace where products from agriculture such as grains, vegetables, and livestock are traded.
Price Floor
A government or regulatory intervention that sets the lowest price at which a good or service can be legally sold, aimed at protecting producers.
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