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
AVprozaik [17]
3 years ago
13

Supppose that the federal government places a binding price floor on coffee. To help support the price floor, the government pur

chases all coffeee that consumers do not buy. If the price floor remains in place for a number of years, what do you expect to happen to each of the following?
a. It will decrease.
b. It will increase.
c. It will remain the same.
Social Studies
1 answer:
andrey2020 [161]3 years ago
4 0

Answer:

A). It will decrease - 'the quantity of coffee demanded.'

B). It will increase - 'the quantity of coffee supplied by producers'

Explanation:

'Binding price floor' is demonstrated as the price greater than the equilibrium price set by the government to ensure that the prices of such products do not fall below a specific limit.

As per this definition, <u>the quantity of coffee demanded by the consumers will decrease while the quantity supplied(by producers) will increase if the binding price remains constant for several years</u>. This situation of decrease in the quantity demanded(due to hike in prices which is artificially made by the government) while an increase in quantity supplied(due to people reducing purchases as a consequence of hike in prices) which helps ensure a surplus in that good i.e. 'coffee' here.  

You might be interested in
What is the importance of energy? make a list.<br>​
zubka84 [21]

Answer:

We use energy to not only heat our human-made structures but we use it to cool them as well. Energy is necessary for getting up out of bed, walking down the street, or even lifting your finger. It's also necessary in abundance for all types of modern conveniences, from light bulbs to appliances to vehicles.

Explanation:

4 0
2 years ago
Why did antonio brown walk off the field yesterday
sveticcg [70]

This isn't a school question but ill answer it anyway, he walked off the field because he took the coach saying leave personally.

7 0
3 years ago
Which of the following rivers was claimed by the French?
alexandr402 [8]
The Mississippi River.
7 0
3 years ago
Read 2 more answers
With regard to enlisted performance evaluations a pim used for what period of time?
Neporo4naja [7]

A pim used for 10 days or fewer while evaluating the performance of enlisted personnel

What does a PIM do and why do you need one?

An enterprise application known as a product information management (PIM) solution allows you a central area to collect, arrange, and enhance the information about your items, create a product catalog, and distribute it to your sales and eCommerce channels.

With a PIM solution, it is quicker and easier to create and provide interesting product experiences.

Product information management is the process of keeping track of all the data required to market and sell products through your distribution channels.

Details, measures, colors, ingredients, and other technical information.

to know more about product information management (PIM

brainly.com/question/1257497

#SPJ4

7 0
1 year ago
One step taken toward the desegregation of public schools was a. opening numerous private schools and academies. b. outlawing of
Semenov [28]

The correct answer is letter e, busing children from poor urban school districts to wealthier suburban ones. Desegregation is being defined as a way of ending a policy in regards of racial segregation in which they are likely to treat everyone equally and without having to separate two different parties or categories.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Compare and contrast mutualism and parasitism.
    6·1 answer
  • What were some of the main features of advancing industrialism in the west?
    15·1 answer
  • Which of the following descriptions best defines the Cult of Domesticity? Women should embody the notions of virtue in fulfillin
    15·1 answer
  • Where are the vast majority of emerging economies found?
    6·1 answer
  • If the characters of your text are moved further apart but are not changed in size or shape, you have _____ the character spacin
    6·1 answer
  • Which of the following generalizations about city
    15·2 answers
  • What observations can accurately be made about population distribution in the Roman Empire? Check all that apply.
    13·1 answer
  • In Central America, which climate zone is the most densely populated?
    7·1 answer
  • Mary Hills asks the respondents in a research study a series of open ended questions that help explain the respondents' feelings
    5·1 answer
  • Describe the relationship between force, mass, and acceleration.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!