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What else can I help you with?
Is there any difference between procurement price and support price?
Minimum support price is the price at which the govt announces to purchase the produce before the harvest. Procurement price is the price at which the govt buys the produre for PDS and for maintaining the buffer stock. Generally Minimum support price is less than procurement price..
An example of price floor in Pakistan?
Government of Pakistan always set a minimum price level of wheat to support the farmers from disheartening. Means that if the farmer is getting less price for its wheat crop in the open market. He may sell his wheat to government of Pakistan at a high price which set by the government.
Who is less paid at kaizer chiefs and how much?
R12.000 is the minimum salary price
What is the minimum price of a children bedroom set?
The minimum price of a children bedroom set bought new is around $17. The price varies greatly depending on the qualtiy of the set, and what's included. One could also find a used set for less.
Why the introduction of a minimum price below the equilibrium price reduces social welfare?
If the prices are set below the level of equilibrium, the quantity supplied will be less than the quantity demanded. Introduction of minimum prices will lead to hoarding of goods, thus social welfare falls.
What is price less discount?
Price less Discount = Discounted price/Reduced price/Sale price.
Price of gallon milk in Louisiana?
As of today, 4/27/2011, a gallon of milk is $4.19 and up. Louisiana has a minimum milk price that is set by the state. The best places that I have found to buy milk is CVS or Rite Aid, because they charge whatever the state minimum price is. Or go to Mississippi where it is almost always $1 less than Louisiana.
How do you calculate the maximum and minimum possible for total mass?
minimum is less
Can Nevada employer pay minor less than minimum wage?
No, minimum is minimum no matter what age.
What problem can a price floor cause?
One form of a price floor is minimum wage. Minimum wage is a really good thing but it also has a bad side. That is if the minimum wage is set above the market equilibrium wage rate, the result is a decrease in employment.
What are the implications for the regulatory authorities of the concept of the minimum efficient scale?
profit per units will decrease meaning that companies will have to sell far greater amounts of goods to achieve high profits, as the contribution per unit will be less as the goods are selling for their minimum price
What if finish line is paying you less than minimum wage?
it's illegal to pay your employees less then minimum wage unless the worker is working for tips. It's also illegal to put that they'll get paid less then minimum in their contract.
