Problemas
Which of the following best explains the effect on the market for sugar cane if a hurricane hits the Caribbean? The quantity demanded will decrease and price will increase The supply will decrease and price will increase The quantity supplied will increase and price will remain unchanged The demand will increase and price will decrease
Roztwór
Flavia
élite · Tutor durante 8 años
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Respuesta
The supply will decrease and price will increase.Explanation: A hurricane hitting the Caribbean would likely damage sugar cane crops, leading to a decrease in the supply of sugar cane. This decrease in supply would cause the price of sugar cane to increase due to the reduced availability of the product.