Manager of a california orange orchard

Assignment Help Business Economics
Reference no: EM131860300

Suppose you are the manager of a California orange orchard. How would you expect the following events to affect the market equilibrium price you receive for a bottle of orange juice? Please state the shift (leftward or rightward) of demand or supply.

a. The price of comparable Florida orange juice decreases. a-a Shift left and this would affect demand.

b. One hundred new fruit juice processing plants open in California. b-a Shift would be Right and would affect demand

c. The price of a bottle increases significantly due to new government anti-shatter regulations. c-a This would shift left and affect Demand

d. Researchers discover a new fruit juice processing technology that reduces production costs. d-a This would shift right and affect demand

e. The average age of consumers increases, and younger people drink less orange juice e-a This would shift left and affect demand

Reference no: EM131860300

Questions Cloud

The aqua liquid assets money market mutual fund : The Aqua Liquid Assets Money Market Mutual Fund has a NAV of $1 per share. What will the NAV of this fund be at the end of the year? Why?
Efficient menas of tablet production : Explain and show graphically the impact on printed books and tablet computers markets when a technological innovation facilitates faster and efficient
How much money must she and employer deposit each quarter : how much money must she and her employer deposit each quarter?
Summarize the given scenario about wedding plan : Summarize the given scenario about wedding plan. P.S. This content does not count for my 300 words requirement!
Manager of a california orange orchard : How would you expect the following events to affect the market equilibrium price you receive for a bottle of orange juice? Please state the shift.
What is present value of growth opportunities : Even Better Products has come out with a new and improved product. What is the present value of growth opportunities?
Discuss the importance of the balance of payments : Discuss the importance of the balance of payments as an accounting measure. Discuss the current account and its components and the capital and financial account
Dividend check to be three years from today : If you buy a share of stock today and hold on to it for at least three years, what do you expect the value of your dividend check to be three years from today?
Identify a good or service that you personally buy and use : Identify a good or service that you personally buy and use. What factors have contributed to changes in the supply of and demand for that good or service?

Reviews

Write a Review

Business Economics Questions & Answers

  What is the relationship between good x and y

What is the relationship between good X and Y.  With the aid of a well-labeled diagram, show what happens to equilibrium price and quantity of good X, if the price of good Y increases.

  Q recall that is the economy continues to be strong abc

q. recall that is the economy continues to be strong abc company may need to increase its production by about 50

  Price level-output level in short run and in the long run

Assume that the economy is initially in equilibrium at potential GDP. Use an AD-AS graph to show the effect of an increase in government purchases on the price level and the output level in the short run and in the long run. Explain what is happening..

  Website hosting and security

Imagine that you are an IT Manager, and you have been tasked with deciding whether to use an internal or external Web hosting service.

  Excluding any income or loss from Beau Geste

Molly Grey (single) acquired a 30 percent limited partnership interest in Beau Geste LLP several years ago for $48,000. At the beginning of year 1, Molly has tax basis and an at-risk amount of $20,000. In year 1, Molly's AGI (excluding any income or ..

  Calculate the equilibrium price-firm output-total output

All firms in a Cournot monopolistically competitive industry have the same cost function C(q) = 25 + 40q. Market demand is Q(p) = 140 − p. Calculate the equilibrium price, firm output, total output, and number of firms in the industry.

  Regarding behavioral economics and social regulation

Regarding behavioral economics and social regulation: A. How has research in behavioral economics contributed to new and better social regulations? B. By definition, social regulations limit individual freedom and are paternalistic. Explain how a pol..

  How asymmetric cryptography is used

Question 1: Briefly compare and contrast how asymmetric cryptography is used to provide encryption as opposed to how it can be used to provide a digital signature.

  When comparing different alternatives

When comparing different alternatives?

  Equilibrium quantity must increase when demand

Equilibrium quantity must increase when demand

  Affect the amount they save each month

Explain how would you expect each of the following events to affect the amount they save each month.

  Q1 describe how a developingemerging economy can benefit

q1. describe how a developingemerging economy can benefit from trade with a wealthy country even if it has no absolute

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd