Teenage entrepreneurship is growing especially in the health industry and saving the environment.
Answer And Explanation:
a) Quantity of chocolate demanded by consumers will decrease
This is because there is a minimum price which makes product more expensive. The higher the price, the less the quantity demanded
b) Quantity of chocolate supplied by producers will increase
This is because price has increased with the government's price floor. The higher the price, the higher the quantity supplied.
c) Quantity of chocolate purchased by the government will increase
This is because there is surplus supply and therefore government would need to buy more to support the price floor and buy leftover chocolates in the market
Advertising will be effective if its production and placement must be based on a knowledge on a public and skill use of the media. Advertise are based on consumer's behavior and demographic analysis of a market area.
The appropriate fiscal policy for when an economy goes into recession would be the expansionary fiscal policy.
C). Institutional Advertising.
I think This is correct
