Answer:
Increases; Ambiguous effect on equilibrium quantity
Explanation:
This situation states that the supply of hotel rooms decreases and the demand for hotel rooms increases due to the hurricane, so this change will shift both the supply curve and the demand curve in the hotel rooms market.
This will shift the supply curve leftwards and demand curve rightwards, therefore as a result, there is an increase in the equilibrium prices and the effect of this change on the equilibrium quantity is ambiguous because that will be dependent upon the magnitude of the shifts of demand and supply curve.
What is the primary criterion for the preparation of managerial accounting reports?
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meet managers need
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Should accountants only focus on financial statements and not on production of managerial reports?
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Should accountants only focus on financial statements and not on production of managerial reports?
The answer is D
(using intensive farming practices that removed protective grasses.)
Hope it helps :)
I think it would be “oligopoly”