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
goblinko [34]
3 years ago
10

The U.S. government decides that the incomes of dairy farmers should be maintained at a level that allows the traditional family

dairy farm to survive. It therefore implements a price floor of $1 per pint and also agrees to buy any surplus milk produced at this price. The cost to the government of this policy will be ______ million dollars.
Business
1 answer:
luda_lava [24]3 years ago
5 0

Answer:

$2.8 billion per year

Explanation:

Currently the amount of surplus milk in the US is really high since the demand per capita for milk has decreased by 40% in the last 50 years. Excess milk is turned into cheese since it doesn't last very long, and the current amount of surplus cheese is 1.4 billion pounds.

If yous need on average 4 pints of milk per pound of hard cheese and 2 pints per pound of soft cheese, that means that the total surplus milk production is between 2.8 and 5.6 billion pints.

If the government is going to purchase that excess milk, then it is going to need at least $2.8 billion per year.

You might be interested in
The first step in the Analytical Hierarchy Process:_________
saul85 [17]

Answer:

A. Consists of constructing a hierarchy of criteria and subcriteria.

Explanation:

The Analytical Hierarchy process was developed by Thomas Saaty for use by organizations seeking to make very complex decisions. The first step in this approach involves the breakdown of the problem into criteria and sub-criteria. The reason for this breakdown is to ensure a smoother analysis of the problem.

After these alternatives are developed comparisons are made of the different criteria using data obtained from them or human reasoning and perceptions. The next step is the compilation of the numerical probability of the alternatives which is a rigorous process.

8 0
3 years ago
Select the statement that is not a component of a standard housing lease?
RoseWind [281]
A- Types of pets allowed
7 0
3 years ago
Positive Messages and the Writing Process
SIZIF [17.4K]

Answer: See explanation

Explanation:

1a. Sales pitches, requests for favors: In this case, persuasive message should be used to convince the receiver to agree with the sender's viewpoint.

b. Replies, goodwill messages, direct claims: The positive message should be used as the main idea can be communicated directly before any other supporting information are provided.

c. Bad news, refusals: This scenario involves a negative messages and should therefore be written in an indirect manner. It should also be noted that a supporting message us given before the main message us written.

2. According to the 3-x-3 writing process, the actions that make up Gilberto next steps include

a. Make a list of points to cover.

d. Collect information.

e. Compose the first draft.

3. Messages delivered through business letters are less likely to reach (unintended recipients) than messages delivered through (email). Thus, business letters are more (confidential).

7 0
3 years ago
In an effort to raise more tax revenue from the upper class, the government decides to impose a new tax on luxury goods like yac
statuscvo [17]

Answer:

The correct answer is A. A secondary effect of an increase on yacht tax rates would be the laying off of hundreds of poor and middle-class yacht makers as the wealthy spend their money elsewhere.

Explanation:

The tax increase of a certain product necessarily increases the final price of that product, that is, when the tax rate is raised, the amount of money necessary to buy said good rises.

In turn, according to the law of demand, the higher the price, the lower the quantity demanded of the product. In other words, this tax increase would produce a drop in the demand for yachts.

If demand falls, the income of producers and sellers of the product falls. This is where production is affected, since small and medium producers will have greater difficulties to cope with the drop in sales, often incurring losses that would lead to having to close the business.

3 0
3 years ago
When managing your human resources, _____________ is the process of deciding who should be hired, under legal guidelines, to ser
UkoKoshka [18]

Answer:

Interview

Explanation:

An interview is an official conversation between an interviewer and interviewee. The purpose of the interview is to asses whether the interviewee qualifies to hold the position. The interview process usually takes place on the employer premises. Apart from academic and work experience, the recruiting manager assesses other qualities that would make the candidate suitable to work in that organization. Such traits may include teamwork and leadership.

When conducting interviews, an employer will invite several qualified candidates.  The interviewer or the interviewing panel scores each candidate and selects the best. The interview presents the candidate with an opportunity to learn fine details about a potential employer. Specific detail about the job, such as the terms and conditions, are disclosed.  

3 0
3 years ago
Other questions:
  • It is always the interviewee’s fault if an interview is bad.
    7·2 answers
  • Imagine you are writing a plan for how to move toward a career. Which of these pieces of information do you think
    12·1 answer
  • CodeDesk Inc matches programmers with freelance jobs. It has 35 employees who staff its online chat room. It receives, on averag
    7·1 answer
  • A PR firm was awarded an account for a cereal manufacturer’s new children’s cereal. The firm is tasked with creating a campaign
    14·1 answer
  • Debbie paid $49.95 for a dress that had been marked down 50%. What was the original price of the dress?
    13·2 answers
  • You just purchased a share of SPCC for $100. You expect to receive a dividend of $5 in one year. If you expect the price after t
    10·1 answer
  • On January 1, $500,000 of 8%, 10-year bonds were sold for $530,000. The bonds require semiannual interest payments on June 30 an
    10·1 answer
  • 2. Consider this game described in strategic form, where Player 1 chooses strategy, A,B,C, or D and Player 2 chooses W,X,Y or Z.
    8·1 answer
  • Simone's (57) husband, Charles, died in 2017, and she has not remarried. Simone's mother, Lucy, lives in a nursing home. Lucy's
    10·2 answers
  • Conroy Company uses the allowance method to account for bad debts. During the year, Conroy determined that a balance of $200 fro
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!