Federal Milk Marketing Orders affect prices consumers pay for fresh milk in grocery stores by?(a) Adjusting them according to demand(b) Adjusting them according to supply(c) Leaving them to be determined in the marketplace(d) Setting them only once yearlyThe question was asked in semester exam.I'd like to ask this question from Cattle Health in portion Cattle Health of Dairy Engineering

Federal Milk Marketing Orders affect prices consumers pay for fresh mi

1.	Federal Milk Marketing Orders affect prices consumers pay for fresh milk in grocery stores by?(a) Adjusting them according to demand(b) Adjusting them according to supply(c) Leaving them to be determined in the marketplace(d) Setting them only once yearlyThe question was asked in semester exam.I'd like to ask this question from Cattle Health in portion Cattle Health of Dairy Engineering
Answer» Right answer is (c) Leaving them to be determined in the marketplace To explain: Federal Milk Marketing Orders (FMMOs) establish certain provisions under which DAIRY PROCESSORS purchase fresh milk from dairy FARMERS supplying a marketing area. These orders leave the PRICE determination to market hence affect effect PRICES consumer pay for fresh milk.

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