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9)What is one reason European governments protect the growing of food with subsidies even though imported food would be cheaper? (A)to protect cattle growers because they like to see the cattle (B)to
allow the food producers to be able to pay their debts (C)to have food in case imports are ever cut off (D)to help the population forget the food shortages after World War II
)to have food in case imports are ever cut off
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User: 9)What is one reason European governments protect the growing of food with subsidies even though imported food would be cheaper? (A)to protect cattle growers because they like to see the cattle (B)to allow the food producers to be able to pay their debts (C)to have food in case imports are ever cut off (D)to help the population forget the food shortages after World War II

Weegy: )to have food in case imports are ever cut off
Expert answered|Booknerd_lizzy|Points 100|

User: 10)What is one way entrepreneurs influence supply? (1point)(A)subsidies (B)technology (C)regulation (D)taxes

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Asked 6/16/2012 2:55:14 PM
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what happens when the price decreases in the case of a product that has elastic supply?
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Updated 6/16/2012 11:44:30 AM
1 Answer/Comment
There is a decrease in demand. So in order to attract more buyer the business has decreased the price. If there was more people buying the product then there would be an increase in demand. The business would take advantage of the increase of consumers by raising prices. However that is not the case here. This is a decrease in demand
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