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WAEC Economics 2022 Question 29

Question 29

Agriculture

The main objective of marketing boards is to

  1. A.accumulate revenue for government
  2. B.educate farmers on pricing of cash crops
  3. C.stabilize the incomes of cash crop farmers
  4. D.provide warehousing facilities
Show the answer and explanation

Answer: C (stabilize the incomes of cash crop farmers)

Explanation

Boards bought cash crops at fixed prices to keep farmers' incomes steady.