Which of the Following Would NOT Provide an Incentive to Reduce

question 211

Multiple Choice

Which of the following would NOT provide an incentive to reduce the amount of beef consumed?

• A) An increase in the price of beef
• B) A subsidy to buyers of beef
• C) A decrease in the price of chicken
• D) A ban on beef sales by the Food and Drug Administration

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Definitions:

Normal Balance

The side (debit or credit) of an account that is usually increased, reflecting its nature as an asset, liability, equity, revenue, or expense.

Equity

The ownership interest held by shareholders in a corporation, calculated as total assets minus total liabilities.

Liability

A financial obligation or debt that a company owes to others, which must be settled over time through the transfer of assets or services.

Asset

An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.