Which one of the following is an example of a price floor ?

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Question:
Which one of the following is an example of a price floor ?

1.Minimum Support Price (MSP) for Jowar in India

2. Subsidy given to farmers to buy fertilisers

3.Price paid by people to buy goods from ration shops

4. Maximum Retail Price (MRP) printed on the covers/ packets of goods sold in India

Posted Date:-2022-02-03 06:52:39

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