Issues Related to Agricultural Price

Meanakshi Kundu, Aruna Malik


Agricultural prices have shown a tendency for wide fluctuations in inter and intra year. The three main factors responsible for these fluctuations are firstly relatively low price elasticity of demand for agriculture commodities, secondly biological nature of agriculture production and thirdly seasonal nature of the agricultural industry i.e. the output becomes available at particular time or times in a year.


Minimum support price; elasticity of demand and supply; Agriculture price policy; MSP

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Copyright (c) 2014 Meanakshi Kundu, Aruna Malik

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