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UM
Question Practice

What happens if the government sets a price too low for agricultural products?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
Understanding Markets
Question Bank

What happens if the government...

Single Answer MCQ
Q-00130552

What happens if the government sets a price too low for agricultural products?

1

Producers will want to produce more

2

Producers may stop producing those goods

3

Consumers will buy less of the product

4

Prices will automatically increase

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