In a particular year, the price of wheat in market is 15 per kg and a farmer produces 100 kgs of wheat, In the next year the price of wheat has fallen to 10 per kg and the farmer produces 120 kgs. If the government wishes to stabilize the income of the farmer, then what will be the minimum support price ?

Question

Examsnet · Accepted Answer

Correct Answer is : 12.5 per kg

NTSE Stage 2 SAT 2018 Exam Question Paper