What are 3 factors that affect food security?

Q: What effect does a per-gallon tax on gasoline have on the market for gasoline? Who pays for the…

A: The per-gallon tax on gasoline market significantly affect the market for gasoline. Due to…

Q: P=-3Qp+ 150 P= 6Qs +60 Question 1 Calculate equilibrium quantity

A: Inverse demand equation,  P = -3Qd + 150 Inverse supply equation  P = 6Qs + 60

Q: In November 2019, as a result of the African swine fever crisis, one half of the pigs in China…

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: A loss of purchasing power due to a price increase and a decrease in the amount of one good…

A: Due to price increase, if the purchasing power of a consumer decreases, it is the income effect.

Q: Refer to Figure 4-22. Which of the four panels illustrates a decrease in quantity supplied? Panel…

A: Supply(ss) curve represents the relation b/w the price(P) and the qty supplied by the…

Q: If a hard freeze in Florida damages many of the orange groves: How is the market for Florida oranges…

A: Effect on orange market:If a hard freeze in Florida damages many of the orange groves, the supply of…

Q: Explain why most Hindus are vegetarian

A: Vegetarian: Anyone avoiding animal and animal-derived products.

Q: A tariff has been placed on sisal, a plant that is used to produce sisal rugs. Wool rugs are a…

A: The sisal plant is used in the production for sisal rugs. When tariff is imposed on the sisal plant…

Q: The government imposes a nationwide lockdown due to pandemic. How would this affect the market and…

A: One of the most basic notions in economics is the law of supply and demand. It uses the law of…

Q: What are the factors affecting the demand for processed foods?

A: Demand may be defined as the number of customers who are ready, willing, and able to purchase a…

Q: 2) Diagrammatically show and explain what happened to the oil market if the price remained unchanged…

A: Crude oil is considered as one of the most important commodities in the global market. It can be…

Q: Which of the following changes in the financial market will lead to a decline in interest rates: a.…

A: The financial market is a platform for individuals who are ready to make a deal in securities. In…

Q: what are Factors affecting the demand of gasoline

A: Demand for Gasoline Gasoline is a generally inelastic product, which means that price fluctuations…

Q: What are the implications of the welfare on consumers, producers and the society?

A: The study of how the distribution of resources and commodities impacts social welfare is known as…

Q: Diagrammatically show and explain waht happened to the oil market if the price unchanged despite the…

A: A market equilibrium is the situation at which the market price is accepted by both the participants…

Q: First, “With production of many new-vehicle lines being slowed or halted by the current microchip…

A: Market demand for a commodity can change as a result of a change in consumers income, their tastes…

Q: what is an example of existing demand

A: Existing demand for which a product is either unavailable or has not yet been developed. There are…

Q: Show the market for potatoes on a graph and show what will happen if there is a drought in Idaho…

A: 1) a) If there is a drought in Idaho, then given that potatoes are grown there, the crop of potato…

Q: Predict the impact on equilibrium price and quantity for the relevant markets given the following…

A: Equilibrium is when the demand and supply of the good is equal and there is no shortage or surplus…

Q: What are the factors that decrease supply of houses? Draw Supply and demand graph and show what…

A: The supply curve shows the association between the price of commodity and quantity of the commodity…

Q: What are the factors that caused the consumer surplus?

A: The demand curve shows the association between the amounts of commodity demanded by the consumer at…

Q: what is the main problem in demand and supply

A: Meaning of Microeconomics: The term microeconomics refers to that situation under which the…

Q: A recent typhoon hits the Philippines where most of the raw materials are produced.  What non-price…

A: The equilibrium price and quantity of a good sold in the market are determined by the forces of…

Q: What are the factors affecting the demand for digital cameras?

A: Demand for digital cameras Due to the presence of companies like Nikon Corporation, Sony, and Canon…

Q: What determines the market area of a shopping centre?

A: A market area is a surface over which a demand or supply presented at a particular area is…

Q: Give eight (8) factors affecting supply? And give at least two (2) kinds of supply.

A: The concept of supply is indicating the total amount of goods and services available for…

Q: Serious natural disasters like hurricanes and tornadoes cause widespread and extensive damage to…

A: When natural disasters like hurricanes and tornadoes cause widespread and extensive damage to…

Q: Firewood prices in places from northern California to Boston and suburban New Jersey have remained…

A: The supply of firewood has declined due to environmental restrictions the limit theamount of wood…

Q: 1. Given the following information Qp = 240 – 5P Qs = P Where Qp is the quantity demanded , Qs is…

A: Given information:QD=240-5PQS=P

Q: shift in supply and demand when there’s an increase in consumer income.

A: The amount of good that a consumer is willing to buy at a particular price is known as demand.…

Q: A cyberattack this week closed the largest fuel pipeline in the U.S., restricting gasoline supplies…

A: Restricted gasoline supplies to the northeast tends to diminish the supply of gasoline which will…

Q: P =-3Qp+ 150 P= 6Qs +60 Question 1 Calculate equilibrium quantity

A: Demand equation  P = -3Qd + 150 Supply equation  P =6Qs + 60

Q: What is the equilibrium Quantity of good x

A: Equilibrium quantity refers to the quantity at the equilibrium level.

Q: hat are the determinants of Demand and Supply? Give examples

A: Meaning of Demand and Supply: The term demand refers to the willingness of an individual to…

Q: What are factors that affect demand and supply?

A: Demand can be defined as the desire of the commodity backed with sufficient purchasing power and…

Q: A change in the price of gasoline will cause ?

A: Gasoline is one of the most widely used resources that can be used for production as well as…

Q: Show graphically and explain how an increase in environmental awareness affects the market for…

A: Answer: An increase in environmental awareness will lead people to decrease the consumption of…

Q: How does the number of sellers in the market increase?

A: A seller is a person or business that trades goods or services in exchange for money. The number of…

Q: The US government reduces the tariff on imported coffee will this affect the supply or the deman for…

A: A tariff is a tax imposed by a country on the goods and services that are imported from another…

Q: What Is a Market?

A: In economics, the word market refers to a single commodity market or a collection of commodities.…

Q: How would supply and demand effect the oil production is saudi arabia?

A: The market forces of demand and supply are considered to be the major determinants of price and…

Q: diagramatically show and explain what happened to the oil market if the price remained unchanged…

A: When the price do not decrease in response to decrease in the demand it causes the problem of excess…

Q: How supplier affect the supply of goods to the public market?

A: At the marketplace, suppliers are the market participants who provided goods and services to…

Q: what is a rationing mechanism?

A: The efficient allocation of scarce resources would help to equal distribution of resources.