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WAEC Economics 2022 Objective — Question 29

Question 29 of 50 from the West African Examinations Council (WAEC) Economics 2022 Objective paper, with the correct answer and a full explanation.

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The main objective of marketing boards is to

  • A. accumulate revenue for government
  • B. educate farmers on pricing of cash crops
  • C. stabilize the incomes of cash crop farmersCorrect
  • D. provide warehousing facilities

Explanation

The main objective of marketing boards is to stabilize the incomes of cash crop farmers, by controlling and smoothing out price fluctuations.

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