Which of the following best explains the effect on the market for sugar cane if a hurricane hits the Caribbean? The supply will decrease and price will increase The quantity demanded will decrease and price will Increase The demand will Increase and price will decrease The quantity supplied will Increase and price will remain unchanged

Question

Which of the following best explains the effect on the market for sugar cane if a hurricane hits the Caribbean? The supply will decrease and price will increase The quantity demanded will decrease and price will Increase The demand will Increase and price will decrease The quantity supplied will Increase and price will remain unchanged

Answer 1

The correct answer is: 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. As a result, the price of sugar cane would increase due to the reduced availability.

Problemas

Roztwór

Respuesta