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https://en.wikipedia.org/wiki/Price_support
In economics, a price support may be either a subsidy or a price control, both with the intended effect of keeping the market price of a good higher than the competitive equilibrium level. In the case of a price control, a price support is the minimum legal price a seller may charge, typically placed above equilibrium.
https://en.wikipedia.org/wiki/Market_price_support
Market price support (MPS) is an indicator, developed by the OECD, used in the calculation of Producer and Consumer Subsidy Equivalents (PSE/CSE). The PSE and CSE acronyms were changed en 1999 to Producer and Consumer Support Estimate.MPS is the annual monetary value of gross transfers from consumers and taxpayers to agricultural producers arising from policy measures creating a gap …
https://www.investopedia.com/terms/s/support.asp
Nov 25, 2019 · Support, or support level, refers to the price level that an asset does not fall below for period of time. An asset's support level is created by buyers entering the market whenever the asset dips ...
https://stats.oecd.org/glossary/detail.asp?ID=1600
Definition: Market Price Support (MPS) is an indicator of the annual monetary value of gross transfers from consumers and taxpayers to agricultural producers arising from policy measures creating a gap between domestic producer prices and reference prices of a specific agricultural commodity measured at the farm-gate level.
https://www.investopedia.com/terms/m/market-price.asp
The market price is the current price at which an asset or service can be bought or sold. The economic theory contends that the market price converges at a point where the forces of supply and ...
https://dictionary.cambridge.org/dictionary/english/market-price
market price definition: 1. a price that is likely to be paid for something: 2. the price that something could be sold for…. Learn more. Cambridge Dictionary Plus
https://financial-dictionary.thefreedictionary.com/price+support
price support a means of supporting the income of certain producers by administratively maintaining the PRICES of their products above market price. In many countries, price support systems are used specifically to assist the agricultural sector by ensuring an adequate level of total farm incomes.
https://www.thefreedictionary.com/price+support
price support n. Maintenance of prices, as of a raw material or commodity, at a certain level usually through public subsidy or government intervention. price support n (Government, Politics & Diplomacy) government maintenance of specified price levels at a minimum above market equilibrium by subsidy or by purchase of the market surplus at the ...
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