100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
NSC Exam 2 questions with right answers. $9.49   Add to cart

Exam (elaborations)

NSC Exam 2 questions with right answers.

 5 views  0 purchase
  • Course
  • NSCA Certified Performance and Sport Scientist
  • Institution
  • NSCA Certified Performance And Sport Scientist

NSC Exam 2 questions with right answers.

Preview 2 out of 8  pages

  • August 27, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • NSCA Certified Performance and Sport Scientist
  • NSCA Certified Performance and Sport Scientist
avatar-seller
Professorkaylee
NSC Exam 2 questions with right
answers.

optimization ANS - doing the best you can under constraints (/with what you have)



equilibrium ANS - willingness to pay for food has to be at least as great as the direct cost to provide it



efficient ANS - no more social benefits can be achieved given the resources available



market failure ANS - the most efficient market is not achieved



externality ANS - cost or benefit of providing a product or service is imposed on people not involved in
the transaction



externality examples ANS - negative: water pollution

positive: beautification by an urban garden



imperfect competition ANS - -disproportionate competition (monopoly)

-not many buyers and sellers



asymmetric information ANS - one side knows more

(can't make food decisions)



behavior constraints ANS - inability to make rational decisions

(affect optimization, can be caused by hunger)



law of demand ANS - when price is low demand is high

when price is high demand is low

, price elasticity ANS - between 0-1= inelastic

equal to 1= unit elastic

greater than 1= elastic

(Berkley)



policies ANS - -institutional rules

-respond to external factors

-express public interest

(drivers of behavior/food system)



policy > legislation ANS - 1. committees introduce policy options

2. Chairman's mark

3. floor of house/ senate

4.reconcile differences between house, senate

5. vote! president signature?



chairman's mark ANS - draft bill, starting point



Farm Bill ANS - -largest food policy in US

-Omnibus bill: multiple topics



Farm Bill Title 1 ANS - Commodities



FB: Commodities ANS - -grown in large quantities

-stored + traded easily

-gov. controls prices= fair price, supply management, pay farmers



Farm Bill Title 2 ANS - Conservation

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Professorkaylee. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67866 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.49
  • (0)
  Add to cart