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Zigmanuir [339]
3 years ago
11

When a hurricane rips through Florida, the price of oranges rises because the demand curve shifts to the left. supply curve shif

ts to the right. demand curve shifts to the right. supply curve shifts to the left. supply and demand curves both shift to the left.
Business
1 answer:
maw [93]3 years ago
7 0

Answer:

Supply curve shifts to the left.

Explanation:

It is know that Florida is the biggest orange producer in America, when a hurricane rips through Florida, there is no change in demand, so the demand curve remains unaltered. As  for the supply curve, the hurricane is likely to destroy orange crops causing a shortage in supply which corresponds to a shift to the left by the supply curve.

The answer is: supply curve shifts to the left.

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A store manager must decide how many rug cleaners to rent to customers. The manager estimates that the first would yield $200 a
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Answer:

The store manager must decide to buy 3

Explanation:

Given that:

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As we know that the rate of return will be: Income / Investment

So the rate of return of:

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Only three rug cleaners have the rate of return greater than the interest rate so the store manager must decide to buy 3

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Explanation:

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Some practices that were prohibited when they led to less competition include,

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-A director from one business sitting on the board of a competing firm because this could lead to cooperating or Corperate espionage.

- A buyer is forced to buy multiple products from a producer in order to get a desired product is expressly forbidden.

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<em>Informal leadership</em>

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