1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
viktelen [127]
3 years ago
14

Of the following groups, which benefits most from a government price support program that establishes a floor price for an agric

ultural product that is higher than the product's market clearing price? Select one:
a. Consumers, who purchase more units of the product than they did before the price support program was implemented

b. Taxpayers, who no longer must provide funds to purchase surplus units of the product once the price support program is in place

c. The government, which receives subsidy payments from producers that are required to sell more of the product at a higher price under the government's program

d. Producers, who earn a higher price on the sale of each unit and also sell more units, thereby unambiguously earning higher revenues
Business
1 answer:
erica [24]3 years ago
4 0

Answer:

d. Producers, who earn a higher price on the sale of each unit and also sell more units, thereby unambiguously earning higher revenues

Explanation:

A government price support program is when the government impose a price limit on a product to control the price of the product i.e price floor, and also the purchase of any surplus. The price floor and the purchase of any surplus for the product encourages the producers to produce more of the product.

Since price floor must be higher than the equilibrium price for it to be effective, the producers of the agricultural product earn more by selling in units and also earn more for selling any surplus to the government.

You might be interested in
Calligraph Publishing Company has created a system for storing every piece of data about every one of its books, both those that
igomit [66]

Answer:

knowledge management                                

Explanation:

Knowledge management relates to the mechanism by which an organization's knowledge and information is developed, exchanged, used and controlled. This refers to a multidisciplinary approach by making the best use through knowledge to attain organisational goals.

Knowledge management activities usually focus on institutional priorities like better performance, competitive edge, creativity, experiences gained exchange, alignment and institutional quality improvement.

7 0
3 years ago
The following events took place at a manufacturing company for the current year:(1) Purchased $95,000 in direct materials.(2) In
Rom4ik [11]

Answer:

D $88410

Explanation:

Work in progress includes all the raw materials, direct labour and conversion costs incurred so far excluding cost of goods sold .

WIP= Intial WIP +Manufacturing costs incurred- Cost of goods sold.

The WIP inventory at the begining of the period is given as nil.

WIP during the period = (95000*80%)+56000+13600+107000

=252600(but it was given that 65% of the Process was completedi.e., finished goodswhich are not the part of the WIP inventory ; hence the remaining 35% is the Work in process inventory)

=$ 88410.

Further the remaining raw material 20% = 95000*20% shall not comprise a part of the WIP as it has not been brought into process itself , it shall lie in raw materials inventory itself.It shall be counted into the WIP once it is brought into the manufacturing assembly line.

3 0
3 years ago
Read 2 more answers
______________ specifies sales revenues and selling distribution and marketing costs.
frez [133]
To answer the question above as the which specifies the sales revenue and selling distribution and marketing costs is letter B, Sales budget. The answer lies in the question itself. Sales revenues,distribution and the marketing cost are all related to the sales budget. Sales budget controls the expenditure or resources related to sales.
3 0
3 years ago
The best way to ensure the accuracy and safety of your accounts is to:
Elden [556K]
The best way to ensure the accuracy and safety of your accounts is to : monitor your online accounts regularly
You can never now if somehow your connection is monitored and compromised. Checking your accounts regularly will help you to be prepared for unexpected occurrences

hope this helps
7 0
3 years ago
Constitutive rules __________. Group of answer choices
Zepler [3.9K]

Answer:

3. interaction are examples of phatic communication are

Explanation:

  • Consequantive riles indicate the appropriate behavior in a given context and that are used to interest and understand and the rules and the meanings of the message.
8 0
3 years ago
Other questions:
  • Katrine works for a major audio components manufacturer. It is her job to plan and control how the raw materials used to make th
    9·1 answer
  • This 18th century economist coined the term "invisible hand," a metaphor representing the natural forces that drive individuals
    7·1 answer
  • A company can deem an employee as salaried
    7·1 answer
  • What benefits does osha offer
    14·1 answer
  • Mohammad was an employee in the new product development department of Estay Inc. Mohammad was directly involved in the developme
    14·1 answer
  • An organization's only sustainable competitive advantage lies in: Group of answer choices
    12·1 answer
  • If there was no beginning retained earnings, net income of $30,300, and ending retained earnings of $8,000, how much were divide
    15·1 answer
  • Payton Corporation provided the following information for the​ year: Beginning Balancelong dash​Work-in-Process Inventory $ 25 c
    15·1 answer
  • In 2014 the average cost of a four year college is $26,017. How much is a four year college expected to cost in 2034 based on 7%
    7·1 answer
  • The following information is available for Aikman Company.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!