Why is it likely that the degree of price variability with a buffer stock scheme to stabilise

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Why is it likely that the degree of price variability with a buffer stock scheme to stabilise incomes will be less than in a free market?

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Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

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Question Posted: Apr 03, 2019 07:32 AM

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Why is it likely that the degree of price variability with a buffer stock scheme to stabilise

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Because the Y line in the diagrams has a price elasticity of 1 ...View the full answer

Economics

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