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Lana71 [14]
2 years ago
14

In late​ 2018, malnutrition was widespread in Venezuela. Writing in an opinion column in the New York Times​, Javier Corrales​ a

rgued, "The government is making the crisis worse by...imposing more price​ controls." ​Source: Javier​ Corrales, "The Venezuelan Crisis Is Part of​ Maduro's Plan," New York Times​, September​ 25, 2018. ​Shouldn't price controls help reduce malnutrition by lowering the price of food so more people can afford​ it? A. No. Price controls are intended exclusively to help support farmers to ensure that they are receiving a high enough price for their products to be able to keep supplying food. B. No. Imposing a price control below the equilibrium price in a market causes the quantity of the good available to consumers to fall because sellers will supply a smaller​ quantity, thereby causing some consumers to go without food that they would have been able to buy in the absence of the price control. C. Yes. Price​ controls, by​ definition, will always help reduce malnutrition by lowering the price of food so more people can afford it. D. No. Imposing a price control above the equilibrium price in a market causes the quantity of the good available to consumers to fall because sellers will supply a smaller​ quantity, thereby causing some consumers to go without food that they would have been able to buy in the absence of the price control.
Business
1 answer:
suter [353]2 years ago
8 0

Answer: B. No. Imposing a price control below the equilibrium price in a market causes the quantity of the good available to consumers to fall because sellers will supply a smaller​ quantity, thereby causing some consumers to go without food that they would have been able to buy in the absence of the price control.

Explanation:

If price controls are introduced below the equilibrium price in the market, farmers or sellers will supply less to the market because they will not be incentivized to produce more seeing as they are not making what they should be making.

This, coupled with increased demand on account of food being cheaper, will lead to shortages which would mean that those that could have been able to afford the food at the equilibrium price would not be able to access food leading to even worse food shortages.

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What country first began to dismantle its welfare state? What was put in its place?
ANTONII [103]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

What country first began to dismantle its welfare state? <span>Chili. Democracy was restored.

</span>What was put in its place? <span>A pension plan replaced welfare.</span>
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3 years ago
The marginal propensity to consume is the: ratio of consumption to income. amount consumed out of an additional dollar of income
cluponka [151]

Answer:

The correct answer is: amount consumed out of an additional dollar of income.

Explanation:

The marginal propensity to consume is a measure to show the increase in consumption of goods and services due to an increase in the disposable income of the consumer.  

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3 years ago
Explain what the national debt is and two ways to affects the country
Sati [7]
A National Debt is the amount of money obtained by one country from another that has not been paid. This can effect a country by means of loss of land actually owned, or it can cause agencies (e.g. Social Security Administration) to be cut on their budget. Meaning the agency to be cut of operational funding will loose a certain amount of funding until funds are found. Normally multiple agencies are cut to obtain some of the money to pay back the debt but this can really hurt agencies for reasoning of staffing as well as other operational costs. Hope this helps! 
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3 years ago
Kwik taxi service uses the units-of-activity method in computing depreciation on its taxicabs. Each cab is expected to be driven
zimovet [89]

Answer:

Explanation:

Depreciation cost :

2016: <u> expected useful life</u>

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24,300-700

=5.93*28,000 = $166,101.69

2017:  <u>expected useful life</u>

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= <u>140,000</u>

24,300-700

=5.93*33,000 = $195,762.71

Depreciation Expense:

2016:<u> (cost-salvage value)*actual activity performed</u>

             total estimated useful life

= <u>(24,300-700)*28,000</u>

          140,000

=$4,720

2017: <u>(cost-salvage value)*actual activity performed</u>

             total estimated useful life

= <u>(24,300-700)*33,000</u>

          140,000

=$5,562.86

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3 years ago
Farmer Fanny sells her crops in a perfectly competitive market. If she produces 500 bushels for total revenue of $3,000 and if h
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Answer:

E) profit will fall by $4.00 if she harvests the 501" bushel.

Explanation:

Please see attachment

Download pdf
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3 years ago
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