In a Move to Free the Economy from Unnecessary Regulation

question 83

Multiple Choice

In a move to free the economy from unnecessary regulation, Congress decides to remove sugar price supports.What would most likely happen to the number of producers of sugar?

• A)It would decrease, because sugar prices would fall.
• B)It would decrease, because sugar prices would rise.
• C)It would increase, because sugar prices would fall.
• D)It would increase, because sugar prices would rise.

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Definitions:

Crisis

An unexpected problem that can lead to disaster if not resolved quickly and appropriately.

Aircraft Landing Schedules

The pre-planned timing for airplanes to land at airports, crucial for managing air traffic, minimizing delays, and ensuring passenger safety.

Expert System

is an advanced computer program designed to replicate the decision-making ability of a human expert in a specific field.

Decision Rules

Guidelines or criteria used to make choices between alternatives in decision-making processes.