This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Extremely cold winter weather has destroyed oranges in Florida. The freeze has caused A) scarcity ... (Read 112 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
on: Jun 29, 2018
Extremely cold winter weather has destroyed oranges in Florida. The freeze has caused
 
  A) scarcity because there are less oranges now than people want.
  B) scarcity because people have to switch to other types of citrus fruits.
  C) a shortage because people cannot obtain as many oranges as they wish to buy at the pre-freeze price.
  D) a shortage because the orange growers will have less income.

Question 2

Which of the following statements about markets is correct? I. A market helps resources move to their highest-valued uses by means of prices changes. II. A market represents the exchanges of both buyers and sellers.
 
  A) I only
  B) II only
  C) Both I and II
  D) Neither I nor II


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

brbarasa

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


sjones

  • Member
  • Posts: 520
Reply 2 on: Jun 29, 2018
Wow, this really help

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Saguaro cacti in freeze-free zones. Saguaro cacti in freeze-free zones.
Sandia ear-plug-sized samplers hang poised to sample gases relevant to climate and weather. Sandia ear-plug-sized samplers hang poised to sample gases relevant to climate and weather.
Endocarditis. The human heart has been sectioned to reveal the left ventricle and origin of the aort Endocarditis. The human heart has been sectioned to reveal the left ventricle and origin of the aort
Cold Fronts Cold Fronts
Weather maps: Pictures of the atmosphere Weather maps: Pictures of the atmosphere
One of the best ways to reduce your chances of catching a cold One of the best ways to reduce your chances of catching a cold
Video: Stroke volume - contractility definition

For a complete list of videos, visit our video library