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
vekshin1
3 years ago
13

Victor is a senator from Kansas who wants to help farmers. He has worked to encourage the passage of a law that would impose a b

inding price floor on wheat. What would he expect his critics to say?
a. The binding price floor will encourage consumers to eat too much wheat.
b.The binding price floor will discourage farmers from planting wheat and they will plant other crops instead.
c.The binding price floor will cause a shortage of wheat. The binding price floor will cause a surplus of wheat that farmers will be unable to sell.
d.The binding price floor will discourage farmers from using the most productive farming methods available.
Social Studies
1 answer:
Airida [17]3 years ago
8 0

Answer:

The binding price floor will cause a surplus of wheat that farmers will be unable to sell.

Explanation:

The price floor is the lowest price that can be paid for goods, by binding price floor the senator requires by law a price for the goods above the equilibrium. The critics would say that since the wheat is binded price floor and cannot drop below the price stated by the senator, when the government inflate the price for the market the consumers will deny to pay the price stated and by that the consumption of wheat would fall creating a surplus of wheat, since the goods won’t be sold.  

You might be interested in
We refer to changes in the way we think about how long something should take or how far away people are as:
melamori03 [73]
That is known as <span>time space compression. </span>
6 0
3 years ago
What year did the United States and Canada become military allies?
ValentinkaMS [17]

Answer:

c

Explanation:

1940

6 0
3 years ago
Which statement best describes a difference between a democracy and a
nikdorinn [45]

Answer:

Explanation:

c

3 0
3 years ago
Read 2 more answers
Name three different responsibilities of military chaplains.
Ulleksa [173]

Answer:

The chaplain's responsibilities include performing religious rites, conducting worship services, providing confidential counseling and advising commanders on religious, spiritual and moral matters. Chaplains are commissioned officers stationed wherever there are military members, including combat environments.

Explanation:

4 0
3 years ago
Read 2 more answers
This museum features a model of a blue whale and the Hayden Planetarium:
Bad White [126]
The correct answer is c. <span>American Museum of Natural History,  in New York City</span>, next  to Central Park. The Hayden Planetarium has been opened since 2000.
7 0
3 years ago
Read 2 more answers
Other questions:
  • Which of these best describes the political authority of Greek city-states
    14·1 answer
  • He tendency to assume that one's own culture and way of life are superior to all others is known as:
    9·1 answer
  • Who controlled the fremch colonial government
    15·1 answer
  • In a market economy, prices are established by
    5·2 answers
  • The right against ______ prevents persons from being tried twice for the same crime.
    8·1 answer
  • Which laws restricted enslaved people?
    9·2 answers
  • Which statement about the origin of the major universalizing religions is correct? View Available Hint(s) Which statement about
    9·1 answer
  • How HDI is expressed<br>​
    7·1 answer
  • Help please quick now<br><br> question is on the very top.
    7·1 answer
  • what does parsons mean by agil? to what does this refer and what are the four processes that this represents? for each process,
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!