Maize marketing board and the government

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Assume a hss reslisef that the farmers of maize are not being adequately compensated fir their efforts by the prevailing market prise of maize.

The government is therefore considering the idea of introducing a price floor to ensure that farmers get minimum guaranteed price above the market equipment price.

What could be the possible effects of such a policy on farmers, mealie meal market, maize marketing board and the government?

Reference no: EM132518343

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