Author Question: A freeze in Florida's orange growing regions will: A) result in a sharp increase in the price of ... (Read 69 times)

skymedlock

  • Hero Member
  • *****
  • Posts: 561
A freeze in Florida's orange growing regions will:
 
  A) result in a sharp increase in the price of oranges in the short run because demand and supply are highly inelastic.
  B) result in a sharp increase in the price of oranges in the short run because demand and supply are highly elastic.
  C) result in a sharp decrease in the price of oranges in the short run because demand is highly inelastic and supply is highly elastic.
  D) result in little change in the price of oranges in the short run because supply is infinitely elastic.

Question 2

A point lying beyond the utilities possibilities frontier is
 
  A) unattainable.
  B) efficient.
  C) inefficient.
  D) profitable.



kbennett34

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

For a complete list of videos, visit our video library