A government agricultural policy in which a guaranteed price is set and no surplus is created is the

A) marketing quota system.
B) acreage allotment program.
C) price support program.
D) target price system.


D

Economics

You might also like to view...

Use the information in the table below.Total salesIndustry 1Firm 1$5.3mFirm 2$199,000Firm 3$2.6mFirm 4$850,000What percent of total sales does Firm 1 make up in Industry 1?

A. 89% B. 53% C. 59% D. 25%

Economics

The demand for luxury suites at basketball games is more elastic if

A) these suites are a necessity. B) these suites are a luxury item. C) few close substitutes exist for these suites. D) basketball fans have little time to look for alternative suites. E) poorer fans cannot afford luxury suites.

Economics

In the above, which figure(s) show(s) both a positive and a negative relationship between the variables?

A) Figure A B) Figure B C) Figure C D) Figure D E) Figure A, B, and D

Economics

List three things that can cause an increase in demand. Be specific

What will be an ideal response?

Economics