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bixtya [17]
3 years ago
11

In recent years the cost of producing organic produce in the United States has decreased largely due technological advancement.

At the same​ time, more and more Americans prefer organic produce over conventional produce. Which of the following best explains the effect of these events in the organic produce​ market?
Social Studies
1 answer:
butalik [34]3 years ago
3 0

Answer:

The equilibrium quantity of organic produce will increase while the change in price will be unambiguous.

Explanation:

An improvement in technology will cause the cost incurred in producing organic products will decline. The producers will be able to produce more at the same cost. This will cause the supply of organic products to increase. The supply curve will move to the right.

At the same time, an increased preference for organic products will cause its demand to increase. As a result, the demand curve will move to the right. This rightward shift in both the demand curve and the supply curve will cause the equilibrium quantity to increase.

The change in the equilibrium price will depend upon the extent of change in demand and supply. If demand increases more than supply, the price will increase. If the supply will increase more than demand, the price will fall. If demand and supply will increase by the same proportion, the price will remain the same.

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What is the difference between marginal cost and marginal revenue?
alexdok [17]
The total cost<span> of producing 101 units is $204. The average </span>cost<span> of producing 100 units is $2, or $200/100; however, the </span>marginal cost<span> for producing the 101st unit is $4, or ($204 - $200)/(101-100). The </span>marginal revenue<span> measures the change in the </span>revenue<span> that arises when one additional unit of a product is sold.</span>
5 0
4 years ago
Read 2 more answers
Why would anyone want to move a major league team to the Deep South? Select all that apply. The Deep South was a new market ripe
Rama09 [41]

Answer:

A, B, C, and D.

Explanation:

The Deep South is subregion in the Southern part of the United States. During the early period of the history, the Deep South was notably known for plantations and slavery.

The reasons that one wants to move a major league to the Deep South would be that the subregion will be providing benefits to the team. The benefits that may make this move are:

  1. The Deep South was a new market ripe for investors.
  2. The cities of the south offered support from city government.
  3. The cities of the south offered new facilities.
  4. The Deep South offered new radio and television markets.

Since all the above statements provide benefits to the team, this will tend to move major league in the Deep South.

Therefore, options A, B, C, and D are correct.

3 0
3 years ago
What are three aspects of culture?<br> art language government education beliefs
blsea [12.9K]

Answer:

We can use a current event for this one. Recently, the United States along with a few other countries have expelled Russian diplomats from their countries. Therefore, we have,

"In the recent days, countries like the US and the UK have expelled Russian diplomats from their countries, sparking a global effort to do the same."

This relates to the international organization because it talks about a break of unity between these countries that abrupt;y breaks diplomatic relations that previously were existent and well.

5 0
3 years ago
4. As chief formulator of public policy, the president is involved in what branch of the federal government?
Lyrx [107]

Answer:

executive is the correct response.

6 0
3 years ago
In this unit, you learned about the structure and functions of the three branches of the federal government. Identify these bran
xz_007 [3.2K]

The correct answer to this open question is the following.

These branches of the federal government are the executive branch, the legislative branch, and the judicial branch.

The executive branch is the President of the United States. The President is the most important leader of the United States. He is the commander-in-chief of the armed forces and the chief diplomat. He has the power to sign executive orders and veto legislation created by legislators.

The legislative branch is the US Congress. It is divided into two chambers; The lower chamber or House of Representatives and the upper chamber or Senate. The US Congress has the power to create laws and regulate domestic trade and foreign trade.

The judicial branch is the Supreme Court, the most important court in the United States. The judicial branch oversees the justice system in America and has the power to declare a law, unconstitutional.

These three branches are subjected to the checks and balances system created by the founding fathers. This means that none of the three branches has more power than the other. This is good for the US because this maintains the proper balance between the branches.

4 0
3 years ago
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