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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He asks <span>about a vehicle accident he saw earlier in the afternoon in another part of your base camp that did not involve you or your unit in any way.
For this, the appropriate response should be<em> </em></span><span><em>I don't have any direct knowledge about the accident, so I can't discuss it or answer your question.
</em>By being honest, you won't become a hindrance to the investigation rather than being a know it all in order to obtain a little bit of fame.<em>
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The co ordinates are in India, Asia
2KNO3 will be produced; I know somwone alredy answered the question but i want to confirm the question for the people who doubt it.
