Categories: Economics WAEC

The main objective of marketing boards is to?

A. accumulate revenue for the government
B. educate farmers on the pricing of cash crops
C. stabilize the incomes of cash crop farmers
D. provide warehousing facilities

Correct Answer:

Option C – stabilize the incomes of cash crop farmers

Explanation

The prime motive in the establishment of most marketing boards is to stabilize producer prices, particulary in the case of products designed primarily for those export markets in which price fluctuations are most violent.

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