--%>
Assignment Help - homework help

Effects of bankrupted causing prices to increase

A predictable result when a drought bankrupted several watermelon farmers would be as: (w) a decline into the price of watermelons. (x) increased demand since watermelons will be scarcer. (y) reduced supply, causing prices to increase. (z) decreased demand due to higher watermelon prices.

Please choose the right answer from above...I want your suggestion for the same.

   Related Questions in Public Economics

  • Q : Fundamental categories for economic

    The four fundamental categories for economic resources are: (w) matter, energy, technology and information. (x) wages, rent, interest and profits. (y) land, labor, capital and entrepreneurship. (z) machinery, energy, workers and government.

  • Q : Does the entire thing have a price in

    Does the entire thing have a price? Are there several things you would not perform regardless of price? (Keep in mind that prices and money is not synonyms; here prices may be nonmonetary.)

    		•
  • Q : Describe an illustration of Positive

    Predicting a fall within the national unemployment rate along with a new untested economic model is an illustration of: (1) positive economic analysis. (2) normative economic analysis. (3) a microeconomic prediction. (4) predictability no better than a call to the psy

    		•
  • Q : Give an example of Absolute Prices When

    When the overall price level rises, then there are changes within: (i) absolute prices. (ii) subjective values. (iii) relative prices. (iv) objective prices. (v) tax rates. How can I solve my economics problems, which is related to

    		•
  • Q : When are all resources encompassed All

    All resources are encompassed through the classes of labor: (i) industrial robots, energy, and raw materials. (ii) capital, entrepreneurship, and knowledge. (iii) land, entrepreneurship and capital. (iv) entrepreneurship, investment and materials. (v)

    		•
  • Q : Eccentricities of Jeremy Bentham The

    The eccentricities of Jeremy Bentham (from 1748 to 1832) did not comprise: (i) allowing a pet pig to freely roam his mansion. (ii) petitioning the London Council for permission to replace shrubbery beside his driveway along with mummi

    		•
  • Q : Illustration of Economic Reasoning by

    Occam’s razor refers to the idea which while evaluating a theory: (1) good theory describes the phenomenon as simply as possible, but not moreso. (2) complexity is obvious to make sure that correct answers are reached. (3) conformity along with

    		•
  • Q : Define a common approach to economics A

    A common approach to economics involves studying how: (i) charging interest on loans can be ethical. (ii) resources are allocated to satisfy human wants. (iii) individuals and government should balance their budgets. (iv) to determine the best bargain

    		•
  • Q : Punishment to criminals devoid of

    The early philosopher who argued about criminals must be punished proportionally to the harm completed to society, but without consideration of remorse, intent or motive was: (1) John Stuart Mill. (2) Edwin Chadwick. (3) Jeremy Bentham. (4) Adam Smith. (5) Aristotle.<

    		•
  • Q : Comparative Systems-Socialism I have a

    I have a problem in economics on Comparative Systems- Socialism. Please help me in the following question. From roughly 1890 till year1990 or thus, the main challenger of capitalism was: (1) Monarchy. (2) Fascism. (3) Socialism. (4) Anarchism.