Question on: WAEC Economics - 2014

Which of the following agencies help to stabilize farmers' income?

A
Local government authorities
B
Trade unions
C
Marketing boards
D
Co-operative organizations
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Correct Option: C

A marketing board is an organization created by many producers to try to market their product and increase consumption and thus prices. It can also be defined as an organization set up by a government to regulate the buying and selling of a certain commodity within a specified area.

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