Social Welfare Implications of Federal Marketing Orders for Fruits and Vegetables
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This report explores the effects on consumers and producers of terminating methods of supply management presently permitted through the use of Federal marketing orders for fruits, vegetables, and specialty crops. Changes in net social welfare are outlined both during the season controls are removed and after longer run production adjustments are completed, using linear demand and supply relationships. Empirical information necessary to appraise welfare changes is indicated where the direction of change is not apparent.