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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Answer:
3
Explanation:
It was significant because it helped Spain gain control over a colony in the America's, which later came to be the colony of New Spain.
Answer:
Frotteurism
Explanation:
Frotteurism is a paraphilic interest in rubbing, usually one's pelvic area or erect penis, against a non-consenting person for sexual pleasure. It may involve touching any part of the body, including the genital area.
Answer:
Occupational choice is affected by four factors: psychological, social, economic, and cultural. An individual's job choice is molded by their family, morals, values, intelligence, abilities, finances, and many other factors
Correct answer Is, B. an enemy of England .
