Price support will be beneficial to producers but costly to consumers.
Price support refers to efforts by a government to keep the price of a commodity higher than it should be were it priced based on supply and demand.
Ways the government can do this include:
- Subsidies
- Production quotas - limiting the quantity produced
- Price controls
Price supports make prices higher than they should be which would give producers more profit therefore tennis racket producers benefit.
On the other hand, they make things more expensive for consumers who will be forced to spend more than they usually do on tennis rackets thereby making it costly to them.
In conclusion, price controls help producers but are costly to consumers.
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Answer:
Louder music corresponds to more beer consumption. But this doesn't provide evidence that louder music can causes people to drink more beer.
Explanation:
The louder music does not cause people to drink more beer. There is a spurious correlation between drinking beer and Loud music because of the presence of confounding variable Social which is the interaction in the bar. The people at the bar are not able to talk to each other more because of the presence of loud noise or music. So, they are forced to drink beer more rather than talking during their stay at the bar.
Answer:
The Hawthorne Effect
Explanation:
The Hawthorne effect (also referred to as the observer effect) explains that individuals modify an aspect of their behavior in response to their knowledge of being observed. In this study students changed their eating place during the observation period.
Answer:
[B] Only State A and State B can take action against Bill.
Explanation:
This is because the whole details of the transaction took place between State A and State B. This is why the states involved can take action against Bill. If not, then all the States would have had the right to take action against Bill.
This analysis validates that Only State A and State B would be able to take action against Bill.
Answer: <em>Criminal negligence</em>
Explanation:
Criminal negligence is referred to as a conduct which is considered as a deviation from what is known to be ordinarily prudent or careful individual in same situation as being incompatible with indifference to the resulting scenario or proper respect for human life. It is also known as the negligence which is considered as culpable, aggravated or gross.
