Business / Agriculture / Wool And Mohair Commodity Programs: Income support was provided to producers of wool and mohair under authority of the National Wool Act of 1954, as amended, through 1995. Phase down and termination of the programs was mandated in the omnibus budget reconciliation act enacted November 1, 1993 (P.L. 103-130). Income support was achieved through incentive payments that provided higher benefits to farmers who had more production and/or obtained high market prices.
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Science / Chemistry / Primary Standard: A stable, high-purity material used in titrations and other chemical analyses to prepare solutions of precisely known concentration, or to determine the concentrations of substances which react with t MORE
Business / Agriculture / Price Elasticity Of Demand: The relationship between the change in the price of a commodity and the corresponding change in the quantity that is sold. If a small change in the price is accompanied by a relatively large change in MORE