This question was not popular with the candidates, the few who attempted it scored average marks.  This resulted mainly from the fact that the candidates could only provide the correct answer for the (a) part of the question.  The (b) part was however not properly answered.

            Candidates needed to state the following to score the maximum marks for this question.

(b)        Some measures by which a minimum price can be made effective are:

1. Increase in demand through the promotion of exports to establish

an equilibrium at the minimum price.
(ii)        Increase in demand by the imposition of taxes on substitutes to raise
their prices.
(iii)       Increase in demand through increased advertisement.
(iv)       Increase in demand through the institution of a buffer stock scheme.
(v)        Decrease supply by raising prices of inputs
(vi)       Reduce or withdraw subsidies in production to decrease supply.
(vii)      Impose higher taxes on producers to discourage production.
(viii)     Reduce taxes on the production of other commodities to attract resources
 into them.