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:
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Cabinet is the correct answer
Answer:E. Pure Project
Explanation:Pure Project Organization A pure project is the one which has self contained members who works fully on the project, so this mean their overall time is dedicated on working with a project.A "pure project organization" is a model in which a project manager has an overall power and authority in overseeing that project.
