Ask Question
BusinessBusiness
16 December, 11:37

After a hurricane in florida destroys half of the orange crop, economists predict:

+2
Answers (1)
  1. 16 December, 11:48
    0
    Answer: Increase in Price of orange and a decrease in quantity sold of Orange.

    Explanation:

    After a hurricane in Florida destroys half of the orange crop, as a result the supply of oranges will fall shifting the supply curve up to the left. This will increase the price of oranges and decrease the quantity sold of oranges. Thus, the economists predict an increase in price of oranges and a decrease in the sale of oranges.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “After a hurricane in florida destroys half of the orange crop, economists predict: ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Reducing turnover by improving work conditions and improving benefits packages can reduce a projected labor shortage. a. True b. False
Answers (1)
Theresa drank 5 ounces of wine. this amount of wine has about as much alcohol as the amount that is in
Answers (1)
A new project is expected to generate $800,000 in revenues, $250,000 in cash operating expenses, and depreciation expense of $150,000 in each year of its 10-year life. The corporation's tax rate is 35%.
Answers (1)
The most common reason a person is denied a lone is
Answers (2)
Sami owns a cookie shop. Sami can bake 100 dozen cookies per day. She is considering hiring her husband Nevin to work for her. Together Sami and Nevin can bake 175 dozen cookies per day. What is Nevin's marginal product
Answers (1)
New Questions in Business
At the time the transaction occurred, which of the following would result in an increase in net income under the accrual basis of accounting, but would not result in an increase in net income under cash basis accounting?
Answers (1)
You've decided to buy a new computer that costs $1,500. But Best Buy will let you take the computer home without making paying the full price immediately. Rather, Best Buy will let you pay $500 now, and $500 at the end of each of the next two years.
Answers (1)
Alice's three children are driving her crazy. they are constantly squabbling, calling one another names, and generally tormenting one another. to preserve what's left of her sanity, alice has decided to try to convince the youngsters to get along.
Answers (1)
Introduction to Early Childhood The National Association for the Education of Young Children (NAEYC) statement of commitment includes all of the following obligations except A. serving as an advocate for children and their families. B.
Answers (1)
James Bright's company seeks markets all over the world and attempts to sell products that are a result of planned production for markets in various countries.
Answers (1)
Home » Business » After a hurricane in florida destroys half of the orange crop, economists predict:
Sign Up Forgot Password?