Use the Following Table to Answer the Following Questions

question 28

Multiple Choice

Use the following table to answer the following questions.
Market for Corn

-What will be the amount of government expenditure required if a price floor for corn is set at $4.50 and the government agrees to purchase the amount of disequilibrium?

• A) $202,500
• B) $45,000
• C) no government payment required
• D) $10,000
• E) $900,000

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Definitions:

Behavioural

Relating to the actions or reactions of an individual or group in response to external or internal stimuli.

Environmental

Related to or concerned with the ecological impacts on the planet, including conservation, pollution, and natural resource management.

Training Program

A structured plan of education or skill development to prepare individuals for specific jobs or roles.

On-the-job Training

Training provided to employees at their place of work, focusing on acquiring the skills necessary for their specific job roles through practical experience.