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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I guess it depends. Right now our current leader could care less. The people literally have no say and we are silenced. If you are talking about the “big guys” if they will help, no. They most likely would not care unless it has a impact on the economy, business, money etc.
Answer:
Neap Tide
Explanation:
A neap tide occurs when the Moon and the Sun are in quadrature. This condition is the time at which the line from the Earth to the Moon is at right angles to the line from the Earth to the Sun. Thus, the tide-producing effects of the Sun and the Moon cancel each other.
Answer:
Fraud
Explanation:
fraud
This is simply defines as a precised, well planned falsehood/deception with the sole aim so as to get an unfair or unlawful profits/gain.
The 5 elements of fraud
They simply includes: false representation of fact, knowledge of the falsehood by the party making the false representation, intent to deceive by party , reasonable reliance by the innocent party, actual loss suffered by innocent party
Misrepresentation
This is simply defined as an act of making an innocent statement that are usually false when the individual do seriously believed the statement was true at the time it was made.
Fraudulent Misrepresentation
It is a form of misrepresentation that is intentionally false and is intended to mislead others.
To recover damages caused by fraud, it includes the following:
1. Proof of harm is essentially required
2. The measure of damages is usually equal to the property's value had it been delivered as represented, less the price paid
3. courts may also award punitive or exemplary damages
Answer: resume
Explanation:
- A resume is a formal document which is created digitally and used by a person to express their qualifications, experience, skills and achievements .
- Its purpose is to provide a summarized introduction of candidate to the interviewer.
- It helps the candidate to create an impression on interviewer before interview.
Hence, A compilation of information about you using a digital format that can be shared with potential employers is called a <u>resume</u>.
