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World geography miscellaneous

  1. Regulated markets aim at the development of the marketing structure to
    1. widen the price spread between the producer and the consumer
    2. narrow down the price spread between the producer and the consumer
    3. increase the non-functional margins of the traders
    4. maximise the non-functional margins of the commission agents
Correct Option: B

Regulated markets aim at the development of marketing structures to ensure remunerative prices to the producers and to narrow down the price spread between the producer and the consumer. It also aims at reducing the non-functional margins of the commission agents.



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