A government agricultural policy that restricts output by limiting the number of farm acres that can be used to produce a particular crop is the
A)marketing quota system.
B)acreage allotment program.
C)price support program.
D)target price system.
E)paying farmers not to produce system.

Question

Quizplus · Accepted Answer

The acreage allotment program is a government policy that restricts output by limiting the number of farm acres that can be used to produce a particular crop. This program is designed to control crop production levels, stabilize prices, and prevent overproduction. Farmers are given an allotment of acres that they are allowed to use to produce a particular crop, and they can face penalties for exceeding this limit. This policy is often used in conjunction with price support programs to ensure that farmers receive a fair price for their crops.

A Government Agricultural Policy That Restricts Output by Limiting the Number