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Georgia [21]
3 years ago
6

Suppose conditions arise in the sugar market that would lead to a competitive equilibrium price that is below 18.75 cents per po

und. In this​ situation, sugar mills will​ __________.
Business
1 answer:
Anarel [89]3 years ago
6 0

Answer:

Sugar mills will not sell to private businesses, but rather sell to the government. This will force the price back up to $18.75

Explanation:

When there is a situation that will result in fall of equilibrium price, sellers can protect themselves by creating artificial scarcity in the private sector.

By selling to the government they are still engaging in business. The private firms will have to pay more for scarce sugar in the market, thereby pushing the price back up.

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Explanation:

In the given question, the options of the given question have not been provided but based on previous knowledge about the question, the question can be answered.

The cow during the 1900's produced about 424 gallons of milk every year but the filed of eugenics opened the way for higher production of milk. The aim was to produce more milk at cheaper rate therefore efforts were made to perform breeding experiments with desired traits.

In the present condition, the production of milk has increased from 424 gallons to 2000 gallons due to breeding, higher literacy rate of the Americans and the stable financial system of the states.

Thus, breeding, literacy rate and the stable financial system are the possible ways.

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3. What are the most important elements of Toyota’s organizational structure?
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3 years ago
Bebjamin harrison administration reduced surplus by giving a 2 cent subsidy to american _________ producers, and reduced taxes o
Darina [25.2K]
1. Sugar
2.Agricultural products.
I hope this helps
3 0
3 years ago
Why are bonds known as fixed income investments? A) there is a fixed principle B) there is a fixed rate of return C) there is a
Firdavs [7]

Answer:

The awnser is B

Explanation:

took the test

5 0
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The Marchetti Soup Company entered into the following transactions during the month of June:
Ierofanga [76]

Answer:

Explanation: Kindly find attached the transaction

Download xlsx
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