The initial effect on the lettuce market is (C) a decrease in the supply of lettuce.
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What is the lettuce market?</h3>
- Lettuce is divided into two types: head (iceberg) and leaf (romaine, butterhead, and leaf).
- Since colonial times, lettuce has been farmed in the United States.
- The ice shipping industry emerged in the western states in the early 1900s, boosting the range and appeal of lettuce.
- Only potatoes outnumber lettuce salads in terms of annual consumption per capita.
- In 2015, the annual consumption of all varieties of lettuce was 25.8 pounds per person, with head lettuce accounting for 51% (13.3 pounds per person).
- Consumption of lettuce was about the same as in the preceding three years, but down approximately 20% from ten years before.
As a severe drought has damaged this year's lettuce crop.
Therefore, the straightforward initial effect on the lettuce market is (C) a decrease in the supply of lettuce.
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Complete question:
A severe drought has damaged this year's lettuce crop. The initial effect on the lettuce market is a _____
A. decrease in the demand for lettuce.
B. rightward movement along the demand curve for lettuce.
C. a decrease in the supply of lettuce.
D. a decrease in both the demand and supply of lettuce
Answer:
A) production-oriented
Explanation:
Since in the question it is mentioned that Marry who works for a small computer software based company. Her boss is improving the products of the company in a constant way but at the same time he avoided the customers, billing and the company promotion
So here the boss is stuck in the production oriented as he full focused on improving the products so that he could produce the high quality products by applying the innovation
Therefore the correct option is A.
Answer:
The correct answer is letter "C": consumerism.
Explanation:
Consumerism is the approach stating that only individuals' demand for goods and services should drive the economy. This idea departures from the belief that an increase in consumption leads to an increase in production, thus, the overall economic growth.
Solution :
Particulars

Sales $
$
$
$
Variable expenses 588,000 208000 180000 200000
Contribution margin 912000 192000 420000 300000
Traceable fixed 770,000 240,000 330,000 200,000
expenses
Geographic market 142,000 -$48000 $90000 $100000
segment expenses
Common fixed
expenses not traceable
to geographic markets
Net operating income
This statement is false.
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