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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<em>The Central Powers</em> during World War I were leading by Germany. Austria-Hungary and Bulgaria were two of its members.
On November 11th, 1918, the Central Powers had lost the war. <em>The Allies</em> -United States, France, and Great Britain- had won and wanted to sign a peace treaty.
Because of the suffering, they went through, France and Britain wanted a severe treaty to punish Germany, weaken the army and destroy their weapons.
President Woodrow Wilson was not satisfied with the settlement because he did not agree with the idea of revenge and bitterness. He considered that a treaty based on justice would produce a long-lasting peace.
Finally, the Treaty of Versailles was signed on June 28, 1919.
The process of polymerase chain reaction is similar to the process of DNA replication, which occurs in cells. The statement that is presented is True. It is a technology in molecular biology. It used to amplify copies of piece of DNA across different orders of magnitude, etc.
One benefit is that if the whole population can vote, then the whole population will feel included in the country and will want to contribute to it. I
Additionally, if there is a group that is excluded from voting, there might be unrest and conflict because this group could clash with the other groups, demanding these rights.
Finally, the decisions will be more informed and will take into account everyone's opinion, not just selected people's
