Given that they create deadweight loss and inefficiency, why do agricultural subsidies continue to exist?
Question:
Given that they create deadweight loss and inefficiency, why do agricultural subsidies continue to exist?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
Agricultural subsidies continue to exist for several reasons despite their known drawbacks which include deadweight loss and inefficiency These reasons vary from one country to another but some common ...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Introduction To Economics Social Issues And Economic Thinking
ISBN: 9780470574782
1st Edition
Authors: Wendy A. Stock
Question Posted:
Students also viewed these Business questions
-
Wallace and Brace CPA assign a partner to screen and recommend (or decline) potential clients prior to acceptance. Discuss at least 4 specific issues which should have been considered prior to...
-
You know that price ceilings are socially costly in that they create deadweight losses. But they may be costly in other ways, too. Suppose the government imposes a price ceiling of $1 per loaf on...
-
Why do taxes create a deadweight loss the same way that regulations do? If a tax and a quota raise prices by the same amount, which causes more deadweight loss? Explain.
-
Daniel agreed to erect an apartment building for Steven for $12 million and that Daniel would suffer a deduction of $12,000 per day for every day of delay. Daniel was twenty days late in finishing...
-
Use supply and demand diagrams to analyze the effect of the following actions on the exchange rate between the dollar and the yen: a. Japan opens its domestic markets to more foreign competition. b....
-
Your project to obtain charitable donations is now 30 days into a planned 40- day project. The project is divided into 3 activities. The first activity is designed to solicit individual donations. It...
-
Organizational culture and climate are important aspects of the organization. Which of the following are characteristic of the culture of the organization? A. Supervisor support is given. B....
-
Rob Judson Company had the following transactions involving notes payable. July 1, 2010 Borrows $50,000 from Third National Bank by signing a 9-month, 12% note. Nov. 1, 2010 Borrows $60,000 from...
-
a stock pays a dividend of $ 2 in year one,$ 2 . 1 0 in year two and 2 . 2 0 in year three.The reuired rate of return for the stocks is 1 0 % . what should be the price of this stock?
-
You observe that the price of coffee has decreased and the quantity sold has increased. Ceteris paribus, this could result from a. A decrease in the demand for coffee. b. An increase in the supply of...
-
An increase in the demand for Euros relative to Mexican pesos will a. Increase the price of Euros. b. Decrease the price of Euros. c. Increase the price of pesos. d. Decrease the price of pesos. e. a...
-
An electron starts from rest and falls through a potential rise of 80 V. What is its final speed?
-
Lady Jezebel Cladestina of Fella (" Cladestina ") filed divorce and matrimonial property proceedings against Lord Pecker Rod of Campshire (" Rod ") in the High Court of the Republic of Kusadikika....
-
cars using the explanatory variables current mileage (Mileage) and year of manufacture (Year). a. Do you think that Year and Mileage are positively or negatively correlated? Explain. b. For a fixed...
-
The Pure Laines association organized in August 2019, Solo, a town located in the center of Kamrand, a march commemorating the memory of Von Boeggels, a powerful leader of a totalitarian regime that...
-
Website Evaluation Go to a Website that you often visit (mobile or desktop). ex. (Amazon) What is the first thing you notice when you load up the website? How accessible is the website? Does the...
-
You are a new-products consultant hired by Yummy, Inc., to provide guidance on a new vitamin-and-caffeine-enriched sports drink. In particular, you are to advice the company on both the naming and...
-
Mutiple choice questions: 1. A simple regression is a regression model that contains a. Only one independent variable b. Only one dependent variable c. More than one independent variable d. Both a...
-
What tools are available to help shoppers compare prices, features, and values and check other shoppers opinions?
-
Over the past several decades, manufacturing companies have tended to move away from direct labor and more toward automation (i.e., using machinery rather than people to produce products). Required:...
-
Both General Motors (GM) and Toyota have production facilities in Texas. GMs plant was built in 1956 on a 249-acre site and has since undergone billions of dollars in renovations. Toyotas plant was...
-
Jansen, Inc., is a defense contractor that uses job costing. Because the firm uses a perpetual inventory system, the three supporting schedules to the income statement (the schedule of raw materials...
-
A bond investor is analyzing the following annual coupon bonds: Issuing Company Annual Coupon Rate Johnson Incorporated 6% Smith, LLC 12% Irwin Corporation 9% Each bond has 10 years until maturity...
-
You have a 10,000 loan at 8% annually for 10 years. You agree to pay off the principal in installments of 1,000 per year, and to pay interest on the outstanding balance each year. Find the interest...
-
AttributeError Traceback (most recent call last) Cell In[42], line 8 1 # Q5 2 # The data you download in dividend paid per share 3 # In the 2018-2021 period, find Total dividend paid per share by...
Study smarter with the SolutionInn App