Question 3:
The government has decided that the free market for the dairy product is too
low (2+2+2)
Suppose the government impose the binding price floor in the dairy product
market.
.
Draw the supply demand diagram to show the effect of this policy on the price of
dairy product and their quantity demanded.is there a shortage or surplus?
The producers of dairy product claim that price floor has reduced their total
revenue, is this possible? Explain
Government tends to peruse a new policy. Compared to the basic price floor, who
is the beneficiary and who are at lose?
Answers
Answered by
1
ANSWER
Motion, in physics, change with time of the position or orientation of a body. ... Motion that changes the orientation of a body is called rotation. In both cases all points in the body have the same velocity (directed speed) and the same acceleration (time rate of change of velocity).
Similar questions
Social Sciences,
2 months ago
Math,
2 months ago
India Languages,
2 months ago
Biology,
11 months ago
English,
11 months ago
Science,
11 months ago