If the government attempts to aid farmers by implementing a policy that results in a leftward shift in the supply curve of agricultural products,the policy in question is most likely
A)a price support.
B)an acreage allotment program.
C)a target price.
D)any of the above

Question

Quizplus · Accepted Answer

An acreage allotment program reduces the amount of land used for farming, thus decreasing supply and shifting the supply curve to the left.

If the Government Attempts to Aid Farmers by Implementing a Policy