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:
C. Democracy is the answer
C: culture
Explanation: what someone believes in and lives their life based on, that is why it is a people’s way of life.
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Answer:
The reason behind constructing infrastructure along caravan port and investing more money is to built more trade hubs.
Explanation:
The reason behind constructing infrastructure along caravan port and investing more money is to built more trade hubs. The reason behind constructing this trade hub is to provide that area where trader can transit their goods and services to the buyer.
The other important reason is that it become the center point for trading and import and export of various goods to various part of the world.
The answer is false because the European in the 14th century were not there
