A severe hurricane has damaged this year's banana crops. The initial effect on the banana market is a a.decrease in the demand for banana. b.decrease in the supply for banana. c.decrease in both the demand and supply of banana. d.rightward movement along the demand curve for banana.

Severe hurricane has damaged banana crops, thus, the overall production of the banana would…

Answered: A severe hurricane has damaged this…

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter4: The Market Forces Of Supply And Demand

Section: Chapter Questions

Problem 2CQQ

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A severe hurricane has damaged this year's banana crops. The initial effect on the banana market is a

decrease in the demand for banana.

decrease in the supply for banana.

decrease in both the demand and supply of banana.

rightward movement along the demand curve for banana.

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A severe hurricane has damaged this year's banana crops. The initial effect on the banana market is a a. decrease in the demand for banana. b. decrease in the supply for banana. c. decrease in both the demand and supply of banana. d. rightward movement along the demand curve for banana.