А Question 8 (1 point)
Which of these describes the effects of price floors on the U. S. sugar industry?
They harmed sugar farmers while decreasing the price of sugar for the consumer.
Ob
They helped sugar farmers while increasing the price of sugar for the consumer.
Oc
They harmed sugar farmers while increasing the price of sugar for the consumer.
O d
They helped sugar farmers while decreasing the price of sugar for the consumer.
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Answer(c) increases in government spending may reduce private investment;

Part (a) is relatively straight forward.there are 4 aces in a standard 52-card deck. so the probability that an ace is picked is just 4/52.part (b): note that there are 4 suits in a standard 52-card deck. so picking hearts will be 13/52 or 1/4.part (c): the probability condition or means we need to add the two probabilities because we do not want them simultaneously. so, we end up getting pr(ace) + pr(heart).from part (a), we found that picking an ace had a probability of 4/52, which is reduced down to 1/13.from part (b), we found that picking a heart had a probability of 1/4.so, the probability of an ace or a heart is 1/13 + 1/4 = 4/52 + 13/52 = 17/52.