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  1. In economics, a price support may be either a subsidy, a production quota, or a price control, each with the intended effect of keeping the market price of a good higher than the competitive equilibrium level. In the case of a price control, a price support is the minimum legal price a seller may charge, typically placed above equilibrium.

    en.wikipedia.org/wiki/Price_support

    Support is a price level where a downtrend can be expected to pause due to a concentration of demand or buying interest. As the price of assets or securities drops, demand for the shares increases, thus forming the support line.

    www.investopedia.com/trading/support-and-resista…
  2. People also ask
    It is the support of certain price levels at or above market values by the government. A price support scheme can also be an agreement set in order by the government, where the government agrees to purchase the surplus of at a minimum price.
    A price support program is illustrated in Figure 5.10. The government posts a minimum price it is willing to pay for a product, called the support price, and purchases any excess production offered on the market.
    saylordotorg.github.io
    In economics, a price support may be either a subsidy, a production quota, or a price floor, each with the intended effect of keeping the market price of a good higher than the competitive equilibrium level. In the case of a price control, a price support is the minimum legal price a seller may charge, typically placed above equilibrium.
    However, since the consumers ultimately pay taxes for the government to purchase the surplus, the total cost to consumers (in the short run) of the price support is the sum of the loss in consumer surplus and the cost of the government purchasing the surplus off the market.
  3. Price support - Wikipedia

  4. Introduction to Price Supports - ThoughtCo

    WebFeb 24, 2019 · Price supports are policies that cause a market to maintain a price above the free-market equilibrium by buying output from …

    • Estimated Reading Time: 7 mins
  5. 5.6: Price Supports - Social Sci LibreTexts

  6. Price ceilings and price floors (article) | Khan Academy

  7. Price Support | USDA

  8. Price Supports - GitHub Pages

    WebA price support is a program that combines a minimum price floor and government purchase of any excess production. Learn how a price support works, how it differs from a price floor, and how it creates deadweight …

  9. Price Support - USDA Farm Service Agency

  10. Agricultural Price Supports - Library of Economics and Liberty

  11. 2.2: Price Support - Social Sci LibreTexts

    WebPrice supports are intended to help producers. The outcome of the welfare analysis demonstrates that price supports can increase producer surplus, but in many cases at a large cost to the rest of society. Figure 2.2.1 …

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