1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lukranit [14]
2 years ago
9

Show the change in the market for orange juice that is consistent with the following statement: "When a cold snap hits Florida,

the price of orange juice rises in supermarkets throughout the country."
Business
1 answer:
aleksklad [387]2 years ago
5 0

Answer:

A cold snap hits Florida, as a result crops in Florida get affected by this freezing temperature. This cold temperature in Florida also affects the crops of orange, so there is a reduction in the supply of oranges in the supermarkets. Thus, there is a shortage of oranges in the market.

Therefore, decrease in the supply of oranges will generally lead to higher price of oranges in the markets.

This rise in price of oranges is due to the cold snap which damages the orange crops.

You might be interested in
2. Matthew bakes apple pies that he sells at the local farmer’s market. If the price of apples increases, the a. supply curve fo
nikklg [1K]

Answer:

The correct answer is option b.

Explanation:

Mathew bakes and sells apple pies. Apple here is used as an input. If the price of apple increases, it means the cost of producing apple pies is increasing as well.

At the given cost the firm will be able to produce fewer apple pies. This will cause a reduction in the supply of apple pies. Consequently, the supply curve will shift to the left.

5 0
2 years ago
Laura is a gourmet chef who runs a small catering business in a competitive industry. Laura specializes in making wedding cakes.
mars1129 [50]

Answer:

The correct answer is the letter a. "Make more than 20 wedding cakes a month."

Explanation:

To maximize profit the marginal price of each cake must equal the marginal cost of each cake. The marginal cost is 300 and the marginal price is 5000/20 = 250. The marginal price of each cake (250) is less than the marginal cost of each cake (300), so Laura needs to make more than 20 cakes to increase her revenue and maximize her profit.

5 0
3 years ago
which statement was true in the past but is not generally true today? A. the training and education costs for some jobs will pro
-BARSIC- [3]

1 ).which of the following is the term for day-to-day and long-term tasks you are assinged to complete?

Job responsibilities.

2 ). why is career planing important?

It can help you narrow down your options and get the training you need.

3 ). which statement was true in the past, but not generally true today?

Young people tend to go into the job that their parents and grandparents did.

4 ). which of the following statements is accurate?

People with the same job title may perform different duties.

5 ). which of these principles would be most helpful to a young person deciding on a career?

A realistic assessment of your abilities and interests will help you find an appropriate career.

7 0
3 years ago
If Bob and Judy combine their savings of $1,260 and $975, respectively, and deposit this amount into an account that pays 2% ann
Andrew [12]

Answer:

The account balance after 4 years will be $2,420.

Explanation:

First we need to add Bob and Judy's amount to find the total amount that will be deposited. (1260+975)=2,235.

Now we will break up the annual interest into monthly interest because it will be compounded monthly. 2/12=0.166.

Then we will break up the 4 years into months also because the interest is compounded monthly. 4*12=48

Now we use the formula for compound interest

Final amount = Principal*(1+R)^N

Principal = 2,235

R= 0.166% or 0.00166

N= 48

We put these values into our formula

2,235*(1+0.00166)^48

=2,420

6 0
3 years ago
A total-cost curve shows the relationship between the
Tanzania [10]
The answer has to be a
5 0
3 years ago
Other questions:
  • On August 1, 2018, Trico Technologies, an aeronautic electronics company, borrows $20.0 million cash to expand operations. The l
    12·1 answer
  • What is the name for utter business ruin or failure
    15·1 answer
  • Wonder Corporation declared a common stock dividend to all shareholders of record on September 30, 20X3. Shareholders will recei
    7·1 answer
  • During the last year, Globo-Chem Co. generated $1,053.00 million in cash flow from operating activities and had negative cash fl
    6·1 answer
  • Intel decides to issue new stock in order to build a new facility and expand its operations. The receipt of cash from this stock
    6·1 answer
  • The efficient-market hypothesis:a) has little empirical validity. b) implies that security prices properly reflect information a
    11·1 answer
  • A local paintball business receives total revenue of $10,000 per month when it charges $12 per person, and $15,000 in total reve
    6·1 answer
  • The sales and marketing plans are typically developed separately from the aggregate operations plan as a way of cross-checking r
    9·1 answer
  • Don operates a taxi business, and this year one of his taxis was damaged in a traffic accident. The taxi was originally purchase
    11·1 answer
  • REALTORS®: a. protect and promote the interests of their clients. b. treat all parties honestly. c. promote their interests over
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!