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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That’s false mesoamerica is Mexico and that region
It telecommunications and computer networks, multiplexing (known as muxing)
Among Mexico's major products and exports are oil (Mexico has a huge oil industry, controlled by the state-owned PEMEX, Petroleos Mexicanos) vehicles, electronics, and other machines, such as pumps, medical and technical equipment, etc.
Historians have identified several causes for the emergence of the Renaissance following the Middle Ages, such as: increased interaction between different cultures, the rediscovery of ancient Greek and Roman texts, the emergence of humanism, different artistic and technological innovations, and the impacts of conflict .
Explanation:
