Group of answer choices.
A. the supply curve, resulting in a lower equilibrium price.
B. the supply curve, resulting in a higher equilibrium price.
C. the demand curve, as consumers try to economize because of the shortage.
D. the demand curve, resulting in a price ceiling in the market.
Answer:
B. the supply curve, resulting in a higher equilibrium price.
Explanation:
In this scenario, a severe freeze has damaged the Florida orange crop. Thus, the impact on the market for orange juice will be a leftward shift of the supply curve, resulting in a higher equilibrium price.
An equilibrium price can be defined as the price at which the quantity of goods demanded is equal to the quantity of goods supplied.
Additionally, the equilibrium price is generally said to be stable because at this price, the quantity of goods or services demanded is equal to the quantity of goods or services supplied to the consumers.
If the questions are “would
I choose to buy the book in the first place”, and “Would I sell the book at the
end of the course”, the answer to both questions is yes. The benefit of buying
the book for the course is $400 dollars, which is greater than the sales price
of $250. Thus, I would buy the book. At the end of the course, the benefit of
keeping the book is $50, while my potential sales price is $125 (50% of 250).
Thus, I can sell the book for more than it is worth to me, so I will sell the
book at the end of the course.
A cloud consumer is a person or organization that maintains a business relationship with, and uses service from, cloud providers.
Answer: Option(d) is correct.
Explanation:
Correct option: Neither desired net exports nor desired net capital outflow
If there is increase in the exchange rate, then there will be depreciation of the home currency. This means that now a person have to pay more for the same amount of imported goods.
The exports of a country also increases with increase in the exchange rate. So, the economy became more stronger.
And an economy rises exchange rate for stabilizing the foreign interest rate and domestic interest rate.
If the domestic interest rate is higher than the foreign interest rate then there is a inflow of capital in the home country. So, an economy increases the exchange rate to equal the foreign interest rate and domestic interest rate.
