1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Karolina [17]
3 years ago
12

When Hurricane Katrina shut down many oil refineries, the supply curve for oil

Business
2 answers:
Nikitich [7]3 years ago
4 0
When Hurricane Katrina shut down many oil refineries, the supply curve for oil <span>shifted to the left. This is because the oil refineries in the Gulf of Mexico shut down which meant the supply for oil dropped.</span>
zhenek [66]3 years ago
4 0

Answer: Option A

Explanation: In simple words, supply refers to the quantity that the producer is willing to offer and sell to the market at a given price. When the natural calamity shuts down the oil refineries the ability of the producer to supply oil will decrease eventually leading to decrease in supply.

The decrease in supply will shift the supply curve to the left. Hence the correct option is A.

You might be interested in
An office building owned by Milo was destroyed by Hurricane Mel on September 25, Year 4. On October 2, Year 4, the President of
Anon25 [30]

Answer:

December 31, year 9

Explanation:

Here, we want to state that date that is possible for Milo to acquire qualified replacement property.

In order to avoid being taxed on a gain resulting from an involuntary conversion, the property subject to the conversion must be replaced within a specified time, measured from the end of the calendar year in which the proceeds are received.

Generally, the period is 2 years, but it is 3 years when the involuntary conversion results from government condemnation or eminent domain and is extended to 4 years when the loss is in connection with a declared federal disaster area.

We are told from the question that Milo received the recovery on January 2, Year 5, the property would have to be replaced within 4 years from the end of Year 5 or by December 31, Year 9

3 0
3 years ago
Provide 8 factors that impede business ability of Africans
Sloan [31]

The factors that impede business ability of African can be liken to trade barriers experienced in African region.

Many potential entrepreneur have been discouraged from starting their enterprises because of various business impediment.

The factors that impede the business ability includes:

  • Lack of good road route to deliver goods.
  • High tax rate for local produced goods.
  • Very high rate of import duties.
  • Corruptions among officers with key position
  • Lack of support for Small & medium enterprises (SME)
  • Inaccessibility to finance for the business such as loan.
  • Unfavorable government policy or regulation on business corporation

Read more about this here

<em>brainly.com/question/2531460</em>

3 0
2 years ago
Which factor makes a currency more attractive to investors
Anna007 [38]
The correct answer is B. A low inflation rate! I hope this helps you!
3 0
3 years ago
Read 2 more answers
Twelve years after Starfire's appearance, a similar coffee-shop chain, Reindeer Brews, entered the marketplace. Reindeer charges
GuDViN [60]

Answer:

Price competition in a monopolistically competitive market

Explanation:

The Monopolistic rivalry is an industry state with several firms that are closely linked to each other but offer distinct goods. Therefore, this sector has unlimited entry and exit

Here the company offers the same service but there are totally different in terms of design, service, quality, etc

Hence, the correct option is c

5 0
3 years ago
A new triage team is being brought onto Salesforce and needs to have separate case statuses. How can this requirement be met?1.
vladimir2022 [97]

Answer:

The correct answer is number "3": Create a new Support Process.

Explanation:

Support processes have are meant to ensure the main processes of the company's operations will work. In Salesforce, they can be created by going to "Setup" and selecting "Support Processes". After clicking "New", we should rename the support process. Finally, we must tap the "Save" button so the changes are stored.

8 0
3 years ago
Other questions:
  • ​Lydia, a minor, charges the cost of a smartphone at a Mobile Devices &amp; Minutes store. Two nights later, Lydia loses the pho
    12·1 answer
  • What often happens to stock prices when a recession in the economy is in the future?
    8·2 answers
  • Individuals and organizations can give an unlimited amount of money to
    8·1 answer
  • The article discusses three core financial implications of the business model. What are the three core financial implications, a
    14·1 answer
  • The Roland Company needs to comply with the financial reporting standards of the Sarbanes-Oxley Act. One of the employees, Ken,
    8·1 answer
  • According to Harvey MacKay, a goal is a dream with?
    15·2 answers
  • Bonnie and Clyde each own one-third of a fast-food restaurant, and their 13-year-old daughter owns the other shares. Both parent
    12·1 answer
  • Which type of culture would most likely include characteristics such as openness, freedom, debate, and risk-taking?
    12·1 answer
  • Great Landscapes Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various ag
    7·1 answer
  • When you are paying for clothes at the mall you are using money as a:
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!