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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:
The answer is that <u>Fay is most likely liable for INSIDER TRADING.</u>
Explanation:
Insider trading which is the unfair advantage someone has over others in the purchase of a given securities in the stock market.
This illigal practice affords the individual the opportunity to purchase stocks at a cheaper rate while selling it off at a higher rate after it must have gone public.
In the case of Fay, he is likely liable for insider trading as a result of the prior information he got from Dhani.
Wake up in the morning at 7 am. Take bath after apply oil on head.Having breakfast together and go to temple. Relatives and friends will come to house. Greet them. Serve them food and drinks. Celebration of Deepavali finished
I think the answer will be B. sliver and A. gold
