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The price of peanut butter rises due to a blight on the peanut crop. peanut butter and jelly are complements. What happens to the equilibrium quantity and price of jelly?
Wiki User
∙ 14y ago
(A)Equilibrium price falls, equilibrium quantity increases
(B)
Equilibrium price rises, equilibrium quantity falls
(C)
Equilibrium price falls, equilibrium quantity falls
(D)
Equilibrium price rises, equilibrium quantity rises
Wiki User
∙ 14y ago
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What is one example of a monoculture?
Irish Potato Famine. The Irish focused only on one type of potato, so when blight hit, all their resources were gone and the people died or immigrated to other countries including America.
What is a word for areas of the northeastern and midwestern US where heavy industries used to be dominant but where the economy has since declined?
The slang term is "Rust Belt" which refers to the heavy manufacturing industries that waned in the face of modernization costs and international competition. The areas suffered considerable economic decline, increases in unemployment, urban blight, and some decrease in population. Affected urban areas included those in Michigan, Ohio, Indiana, Pennsylvania, and New York.
What is the primary cause of the dual problems of urban blight and suburban sprawl?
Opportunity cost is the cost in terms of the best alternative forgone. Holding valuable land out of use until the owner deems it most profitable creates huge problems for cities, public infrastructure cost, community vitality and environmental health. It is a primary cause of the dual problems of urban blight and suburban sprawl. For the landowner, the opportunity cost of using land today is the higher price or profit that could be gained in the future and since land tends to increase in value as population and production increase, there is a built-in incentive to wait. Yet, for society at large, the opportunity cost of valuable land being withheld from use is both the production and employment that doesn't happen on that site, and the cost of providing services and infrastructure to a less-suitable site, farther from where the action is. Another way to think about the notion of opportunity costs is to remember that human desires are unlimited, and people seek to satisfy their desires with the least exertion. Thus, we all must make choices about how we wish to use our labour, and the products of our labour, to get what we want.
What are the negative economic impact of tourism?
* Certain tourists don't respect the local life style and traditions. * Jobs involved in the industry of tourism are seasonal and not well paid, this can be very dangerous for countries that become dependant on tourism as their main source of revenue. * Seasonal jobs such as these could then possibly lead to high rates of unemplyment. * Country can generaly become dependant on the tourism industry B) the negative impacts of tourism can leads * inflation * leakage * infrastructure and incidental cost * economic dependence Inflation can rise in general level of prices or a fall in the purchasing power of money. Therefore, tourism can increase the value or price of land, building etc. Leakage, the high proportion of the money spent by tourists that leaves the country. Thus, leakage can cause in 3 different ways such as: 1. tourist purchase of goods and services that have been imported. 2. hotels and other tourism related businesses and organization import goods/foods as the local product are not available or not up to the required standards 3, profits are repatriated by foreign owners of hotels and other services. Economic dependence. Counties who rely heavily on tourism industry can be dangerous, this can lead the tourism to changes overnight because of the natural disaster, terrorism, changing consumer taste and economic recession in the source of the country.
Why should you use reusable water bottles?
The reputation of bottled water is lying bleeding in the gutter, which probably isn't a bad thing.While the product certainly does have its place, disposable plastic water bottles have become a blight on the planet due to the levels of consumption of bottled water products.The plastic in disposable water bottles http://wiki.answers.com/articles/187/1/Recycling-by-the-numbers.html, but where there is no deposit system such as we have in South Australia, the majority of the bottles wind up in landfill.According to statistics from the International Bottled Water Association, in 2000 Americans consumed 4.7 billion gallons of bottled water, which represented less than 9 percent of total beverage consumption. By 2008 bottled water consumption increased to almost 8.7 billion gallons.However, after the bad press bottled water received regarding plastic waste and water quality a couple of years back, an interesting thing took place.In 2007, Americans were drinking on average 29.0 gallons of bottled water a year; a 5.3% increase on the previous year. In 2008, that had dropped to 28.5 gallons; a drop of 1.8% and the first drop in over a decade.The International Bottled Water Association acknowledges that environmental concerns may have played a role in the drop.People didn't stop drinking water, so what happened?Refillable water bottles did.Aside from the environmental benefits of using a refillable water bottle, I ran some quick calculations for my article "http://wiki.answers.com/blogs/459/Is-water-too-cheap.htmlwater too cheap?" and found that the water we get from our taps here in Australia costs about USD 0.4 cents per gallon. I have only ever bought one bottle of water a few months back and that quart cost a few bucks!With the addition of a home water filter, you can have water as good, if not better than many bottled water brands - as some of the bottled water brands pull their water directly from municipal supplies and at times don't even bother filtering it.
What is the antonym for oasis?
blight blight blight
Give you a cause and effect sentence for blight?
Blight means a plant disease. The plants became effected with blight. We treated the crops for blight.
Who would win in a fight blight or inque?
blight.
How do you use to word blight in the sentences?
The blight on the crops devastated the village.His house is a blight against the landscape.
When did Blight - band - end?
Blight - band - ended in 1982.
When was Blight - band - created?
Blight - band - was created in 1982.
When was John Blight born?
John Blight was born in 1913.
When did John Blight die?
John Blight died in 1995.
When was Vicki Blight born?
Vicki Blight was born in 1981.
Common name of Phytophthora infestans?
Potato Blight, Potato Late Blight Agent, Potato Late Blight Fungus
What organism caused the Irish patato blight?
Phytophthora infestans(known as late blight) caused the Irish potato blight.
What actors and actresses appeared in Blight - 2003?
The cast of Blight - 2003 includes: Richard Coyle as Blight Mary Woodvine as Evelina
