Several years ago, hurricane Gilbert destroyed thousands of acres of banana in Jamaica. Farmers whose crops were destroyed by the hurricane were much worse off, but farmers whose crops were not destroyed benefited from the hurricane. Why did this occur? What information would you need about the market for bananas in order to assess whether farmers as a group were hurt or helped by the floods?

Q: What is the purpose of a boycott? Describe the characteristics of companies and consumers that are…

A: The purpose of a boycott is for a consumer to refrain from purchasing, utilizing, or dealing with a…

Q: If all consumers became vegetarians, what impacts would this have on the meat industry and animal…

A: The equilibrium price and quantity in a market are determined by the forces of demand and supply.…

Q: Did you work from home during the pandemic? If so, did you miss your place of work, or do you prefer…

A: The pandemic has adversely affected the health of the people round the world. Not only the physical…

Q: 1890s political party backed by farmers attempting to cope with increased economic insecurity.

A: The question is asking about a political party in the 1890s that was supported by farmers who were…

Q: Who and what factors were responsible for the Deepwater Horizon oil spill?

A: An explosion happened here on Deepwater Horizondrilling rig in the Gulf on April 20, 2010. The…

Q: Think of two ways the government affects life, one you perceive as positive and one you perceive as…

A: Regulators, taxation, and subsidies are all used by the government to address market…

Q: Explain how and why the "invisible hand" works to ensure that producers provide quality services and…

A: Invisible hand is simply the idea of how the market gets sorted through the forces of demand and…

Q: Give an example of supply and demand market price changes have experienced or have learned about…

A: Hurricane Harvey wreaked havoc across Texas in the year of 2017 Many people are losing their homes…

Q: How imports and exports are impacted by the pandemic

A: Economy has great economic shock during padmic decrease demand from consumer side it affect…

Q: What did Thomas Malthus say about food supply and population control?

A: Malthus believed that through preventative checks and positive checks, the population would be…

Q: Is childcare provided in Spain or is it subsidized by the government?

A: Spain is one of the developed countries in the world with high nominal GDP, high life expectancy,…

Q: The federal government requires that all foods display information about fat content and other…

A: The demand refers to the total amount of a good which an individual is able and willing to buy, at…

Q: Assume you have been hired by a group that wants to increase voter turnout in American elections.…

A: The elections are necessary which makes the country democratic. The decision of voting and not…

Q: Choose one of the following examples and explain whether you think that the government should ban…

A: Banning any product is not the ultimate solution to any of the issue because it will create a…

Q: Is it fair to give farmers lower interest rates on loans because they are farmers?

A: Interest rates on loans affect the farmers directly. Higher the rate of interest more will be the…

Q: Why do producers have more interest in government regulations than consumers do?

A: Government regulations are those laws and rules which are used for placing limitations on businesses…

Q: Evaluate how culture influences entertainment and its relevance to the tourism industry.

A: IntroductionBased on the cultural studies, entertainment is a cultural product that has a major…