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vodka [1.7K]
2 years ago
5

extreme weather in new york, where the super bowl is scheduled to be played, makes people disinterested in purchasing super bowl

tickets.
Business
1 answer:
alexira [117]2 years ago
3 0

The following scenarios would place a downward pressure on price:

  1. .The Nile River floods this year add an exceptional amount of silt to the soil, resulting in increased crops of cotton.
  2. An outbreak of mad cow disease causes Americans to abstain from eating beef.
  3. Extreme weather in New York, where the Super Bowl is scheduled to be played, makes people disinterested in purchasing Super Bowl tickets.

The following scenarios would place a downward pressure on price:

An impending unclear holocaust causes people to stock up on twonkies, a popular snack cake provided by many companies

<h3>What would lead to either a upward or downward pressure on price?</h3>

There is an upward pressure on price if demand increases or supply reduces. There is a downward pressure on price if demand decreases or supply increases.

As a result of the slit, there would be an increase in the supply of cotton. This would lead to an downward pressure on price. The mad cow disease would lead people to demand less beef. This would lead to an downward pressure on price. The extreme weather would lead to people not coming for the game. This would lead to an downward pressure on price.

Due to the expectation of the holocaust, there would be an increased demand for twonkies. This would lead to an upward pressure on price.

Here is the complete question:

Decide whether each scenario would lead to upward or downward pressure on the equilibrium price for each good in bold font.

1.The Nile River floods this year add an exceptional amount of silt to the soil, resulting in increased crops of cotton.

2.An outbreak of mad cow disease causes Americans to abstain from eating beef.

3. Extreme weather in New York, where the Super Bowl is scheduled to be played, makes people disinterested in purchasing Super Bowl tickets.

4. An impending unclear holocaust causes people to stock up on twonkies, a popular snack cake provided by many companies

For more information about the change in demand, please check: brainly.com/question/25871620

#SPJ1

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This year, the annual tuition at a public four-year university is $5,290. Next year when Jarrod attends his first year, the tuit
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The correct statement is that the minimum contribution to be saved by Jarrod on a monthly basis should be $461. So, the correct option from the choices given above is B.

The monthly contribution can be calculated by taking into consideration the rise in tuition fee and then dividing such obtained amount by number of months left for such accomplishment of savings.

<h3>Calculation of monthly contribution.</h3>

  • The formula for calculation of tuition fees of university will be computed by the formula using the given information as,

  • \rm Tuition\ Fee = Current\ Fee+ Increment \\\\\rm Tuition\ Fee= 5290 + 4.5\%\\\\\rm Tuition\ Fee= \$5528.05

  • The monthly contribution can be calculated by using the available values in the formula as,

  • \rm Monthly\ Contribution= \dfrac{Tuition\ Fee}{Period}\\\\\\\rm Monthly\ Contribution= \dfrac{5528.05}{12}\\\\\rm Monthly\ Contribution=\$ 460.7

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