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34. When considering the virtues of a Supply Managed Board, the following is/are often considered. a) farmer run and politically palatable. b) assured product sales

34. When considering the virtues of a Supply Managed Board, the following is/are often considered. a) farmer run and politically palatable. b) assured product sales up to the quota limits. c) effective redistribution of income from consumers to producers. d) only (b) and (c) above e) all of (a), (b) and (c) above f) none of the above are correct responses 35. The difference between the willingness to sell a product and the amount actually received is referred to as producer surplus. a) True b) False

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