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mojhsa [17]
3 years ago
5

In order to protect dairy farmers from bankruptcy, the government creates a price floor making it illegal to sell milk below a p

rofitable price. What will be the economic effects of this price floor? A) The dairy farmers will survive and there will be no adverse effects. B) The dairy farmers will go out of business despite the government's attempt to save them. C) The dairy farmers will survive, but milk will cost more. D) The dairy farmers will go out of business as the entire economy collapses into a recession.
Business
1 answer:
mestny [16]3 years ago
5 0
Based on the scenario, the economic effects would be : C. Dairy farmers will survive , but milk will cost more

By setting the floor price, the government increase the annual revenue of the farmers , making them able to survive. But of course the consumer have to pay more for the product

hope this helps
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krok68 [10]

Answer:

A direct response sales

Explanation:

From the statement, it can be seen that G bought the life policy alone and made his decision to replace that coverage with a policy that was purchased firsthand through the insurer and delivered. This shows that an agent was not used in the sale or delivery of the policy and hence this depicts a direct response transaction between the insurer and the client G.

5 0
3 years ago
Rebotar Inc, makes basketballs. Their fixed costs are $3450 Variable costs are $12 per basketball, If the basketball is priced a
worty [1.4K]

Answer:

Break-even points = 265.38

Explanation:

Given:

Fixed cost = $3,450

Variable costs = $12

Selling price = $25

Number of balls sold = 300

Find:

Break even costs

Computation:

Contribution per unit = Sales - Variable costs

Contribution per unit = $25- $12

Contribution per unit = $13

Break-even points = Fixed cost / Contribution per unit

Break-even points = $3,450 /$13

Break-even points = 265.38

6 0
3 years ago
In _______, data from transactions are collected over time and then processed all at once.
aivan3 [116]
The correct answer that fills in the blank is the real time data processing for it describes the statement above. The real time data processing includes of ongoing processes which is done in a short period of time that is why transactions that are collected are immediately and processed at once.
3 0
3 years ago
Water and air are examples of _____ resources while people are considered to be _____ resources
kiruha [24]

Answer:

the answer is natural;human

7 0
3 years ago
Zahra's Decoratives produces and sells a decorative pillow for $97.50 per unit. In the first month of operation, 2,000 units wer
GalinKa [24]

Answer:

$38,675

Explanation:

sales price per pillow $97.50

total production 2,000 units

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costs:

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3 years ago
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