The document discusses methods to increase farmers' income including price floors that guarantee minimum prices, incentives to keep land idle to avoid surpluses, and direct subsidies that provide payments to farmers. Price floors set target prices above equilibrium to boost income, incentives encourage not selling at low market prices, and direct subsidies supplement income when prices are low.
The document discusses methods to increase farmers' income including price floors that guarantee minimum prices, incentives to keep land idle to avoid surpluses, and direct subsidies that provide payments to farmers. Price floors set target prices above equilibrium to boost income, incentives encourage not selling at low market prices, and direct subsidies supplement income when prices are low.
The document discusses methods to increase farmers' income including price floors that guarantee minimum prices, incentives to keep land idle to avoid surpluses, and direct subsidies that provide payments to farmers. Price floors set target prices above equilibrium to boost income, incentives encourage not selling at low market prices, and direct subsidies supplement income when prices are low.
The document discusses methods to increase farmers' income including price floors that guarantee minimum prices, incentives to keep land idle to avoid surpluses, and direct subsidies that provide payments to farmers. Price floors set target prices above equilibrium to boost income, incentives encourage not selling at low market prices, and direct subsidies supplement income when prices are low.