In agriculture, a "bumper crop" refers to a particularly productive harvest. if there is a bumper crop for wheat at the same time that more people become allergic to wheat and all else is held constant, what will happen to the equilibrium price and quantity for wheat?
a. the equilibrium price will go up and equilibrium quantity will go up.
b. the equilibrium price will be indeterminate and equilibrium quantity will go up.
c. the equilibrium price will go down and equilibrium quantity will be indeterminate.
d. the equilibrium price will go up and equilibrium quantity will be indeterminate.
e. the equilibrium price will be indeterminate and equilibrium quantity will go down.
Answers: 3
Other questions on the subject: Business
Business, 21.06.2019 18:00, chrismed2001
Emily bought 200 shares of abc co. stock for $29.00 per share on 60% margin. assume she holds the stock for one year and that her interest costs will be $80 over the holding period. ignoring commissions, what is her percentage return (loss) on invested capital if the stock price went down 10%?
Answers: 2
Business, 22.06.2019 06:30, makarockslynn4764
If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?
Answers: 1
Business, 22.06.2019 11:30, kimjp56io5
Amano s preguntes cationing to come fonds and consumer good 8. why did the u. s. government use rationing for some foods and consumer goods during world war ii?
Answers: 1
Business, 22.06.2019 20:20, chem1014
Digitalhealth electronics inc. is a company that builds diagnostic devices. it was the first company to develop a compact mri scanner by reconfiguring the components of the mri technology. this smaller and user-friendly version of the huge mri scanner created demand from small hospitals, nursing homes, and private practice doctors who were earlier dependent on the scanning machines in large hospitals. which of the following types of innovations does this scenario best illustrate? a. disruptive innovation b. incremental innovation c. radical innovation d. architectural innovation
Answers: 3
Do you know the correct answer?
In agriculture, a "bumper crop" refers to a particularly productive harvest. if there is a bumper cr...
Questions in other subjects:
Mathematics, 23.10.2019 20:00
English, 23.10.2019 20:00
Mathematics, 23.10.2019 20:00
Chemistry, 23.10.2019 20:00
