--%>

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 : Requirement of goods for economic

    I need a good answer on the topic of Economic efficiency. Please suggest me your suggestion that the need for economic efficiency which society should produce the goods people want is termed as: (i) allocative inefficiency. (ii) productive inefficiency. (iii) distribu

  • Q : When is an economic theory a positive

    Economic theory is a positive science only to the extent which this yields: (i) scientifically testable predictions. (ii) moral answers to ethical disputes. (iii) absolutely exact descriptions of how the world works. (iv) optimistic, quite than pessim

  • Q : The closest illustration of a free good

    Which would be the closest illustration of a free good: (1) A can of tuna bought along with food stamps, (2) dead leaves which require raking into fall, (3) water through a drinking fountain at a park, (4) a sample of soap acquired in the mail and (5)

  • Q : Human choices and consequences in

    Economics as like a Science is most relates with: (a) human consequences and their choices. (b) mathematical formulas to compute profit. (c) how government agencies price services and goods. (d) wealth accumulated through private ente

  • Q : Why scientific analysis not used to

    Scientific analysis can’t be used to test the economic assertion which: (w) all nation within the world allocates several economic resources from government agencies. (x) most transitional economies consist of experienced difficulties of falling output and incre

  • Q : Example of Normative Economic Goals

    Please help me to solve the problem of Normative Economic Goals that is given below: Almost everybody in the world would favor a normative economic aim that people all over must have: (i) high standards of living.

  • Q : Illustrations of economic bads included

    How can determine where would be illustrations of economic “bads” included. Please suggest me the accurate answer: (i) loud stereo systems,. (ii) beautiful sunsets caused through high levels of air pollution, (iii) golf courses built upon abandoned garbage

  • Q : Explain statement of normative

    Please help me to solve the problem of normative economics that is given below: Normative economic hypotheses would contain the statement which: (i) Earth consist of five moons composed of blue che

  • Q : Maximization of complete value of

    Maximization of the complete value of output from a fixed amount of resources gives in: (i) Opportunity cost. (ii) Economic efficiency. (iii) Potential profitability. (iv) Comparative benefit. (v) Scarcity. How can I solve my

  • Q : Illustrate the free goods in economic

    Hey friends please give your opinion for the problem of free goods in Economic that is given below: The entire given are free goods EXCEPT the enjoyment people derive from as in below: (w) rain which waters our law