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Which statement is true?
Question

Which statement is true?

A.

Commission agents are important for better performance of Rythu bazaars in India

B.

Higher the price in the market, more will be the supply of paddy to the market by the farmers

C.

Growth in producers' surplus determines the pace of economic development

D.

Both (b) and (c)

Correct option is D


Both statements (b) and (c) are true. Higher market prices incentivize farmers to supply more produce, and growth in producers' surplus is a key determinant of economic development.
 

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