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Exam (elaborations)

NSC Exam 2 questions with right answers.

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  • Course
  • NSCA Certified Performance and Sport Scientist
  • Institution
  • NSCA Certified Performance And Sport Scientist

NSC Exam 2 questions with right answers.

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  • August 27, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • NSCA Certified Performance and Sport Scientist
  • NSCA Certified Performance and Sport Scientist
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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

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