What is the meaning of Price support?

Government intervention to set an artificially high price through the use of a price floor designed to aid producers.

Barry Goldsmith
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APABarry Goldsmith. (2010). price support. Retrieved September 21, 2026, from http://smartdefine.org/price_support/definitions/1161053
ChicagoBarry Goldsmith. 2010. "price support" http://smartdefine.org/price_support/definitions/1161053 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, price support, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/price_support/definitions/1161053>.
MLABarry Goldsmith. "price support" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/price_support/definitions/1161053>
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