3 years ago

If the midwest experiences a severe drought that damages the corn crops, we should expect the:_________.

Business

1 answer:

kozerog [31]3 years ago

4 0

Answer:

B) The Supply of corn will decrease and the price of corn will rise.

Explanation:

Option B is correct because the drought has damaged the corn crops. Therefore, this will affect the supply of corn in the market. Moreover, the damage of corn crops will shift the supply curve leftwards and this shift in the supply curve will push the prices upwards. Thus, the damage of corn crops will increase the prices due to a decrease in its supply.

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If the fair value of a debt investment that is classified as an available-for-sale investment declines for a reason that is view

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