mpickens4455 mpickens4455
  • 08-04-2020
  • Business
contestada

What would happen to the aggregate supply curve if a strong hurricane destroyed much of Florida's citrus industry? Explain.

Respuesta :

jepessoa
jepessoa jepessoa
  • 11-04-2020

Answer:

The short run aggregate supply (SRAS) curve would shift to the left, decreasing total supply and increasing the price at every level of quantity demanded.

Anytime the price of a key input increases or its availability decreases, the production costs will increase, so the supply curve will shift to the left.

Answer Link

Otras preguntas

What number is plotted on the number line?
Given g(x) = (x+2) f(x) = 3x+1. find (Fog)(x)​
4. Spiral Review 3. Coach Clarke has 48 students in his P.E. class. He places the students in teams of 6 for an activity. How many teams can Coach Clarke make?
Which three branches do all state governments have?.
Write a statement that assigns finalValue with the multiplication of userNum1 and userNum2. Ex: If userNum1 is 6 and userNum2 is 2, finalValue is 12. So far it
Help and explain thanks
Subtract 10x^2– 10x + 2 from - 8x^2 + 7x–7
Is this right? How to write potassium chloride plus sodium chloride?
19 Drag each label to the correct location on the map. Match the Western nations to their colonies. France United States Great Britain The Netherlands Imperial
PLEASE HELP ME I WILL GIVE BRAINLEST