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The number one commodity in California is almonds. The state is the largest producer of almonds in the world, accounting for about 80% of global supply. Almonds are a significant contributor to California's agricultural economy, driven by both domestic and international demand. Other key commodities include grapes, strawberries, and dairy products, but almonds consistently top the list.

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1mo ago

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What is californias number one produced commodity?

California's number one legal commodity is dairy products--milk, butter and cheese. California's number one commodity is marijuana, but you're not supposed to be growing that.


What happens to demand when income increases and the commodity does not grow?

When income rises, and the quantity of a commodity remains stable, one can expect a number of things to happen. One is that the price of the commodity will rise. That of course ties into the fact that demand will rise with higher income. Eventually, however, the quantity of the commodity will rise to meet demand.


How can you start commodity online trading?

There are a number of possible ways to start commodity trading online. One can sign up to the website 'Easy Forex' and follow their beginner programs before getting started. One can also get started at 'Commodity Online'.


Is milk a commodity or a product?

commodity


How does the diminish marginal utility and price of superior goods determine negative slope in demand curve?

1. because of substitution effects: When the price of a commodity falls, it become relatively cheaper than other commodities. This induces the consumer to substitute the commodity whose the price has fallen for other commodities, which have now become relatively expensive 2. Income Effect: When the price of the commodity falls, consumers can buy more quantity of commodities with the given income as a result of a fall in the price of that commodity 3. Number of consumers: When more numbers of consumers start buying the commodity, because some of them previously was not afford to buy it. 4. Various use of that commodity 5. Law of diminishing marginal utility

Related Questions

What is a sentence using the word precious?

Weed is a precious commodity in Oakland, CA.


What is californias number one produced commodity?

California's number one legal commodity is dairy products--milk, butter and cheese. California's number one commodity is marijuana, but you're not supposed to be growing that.


How do you calculate the chain index number?

Divide the price of the commodity in the given year by the price of the commodity the year before. Then, multiply that number by 100.


What is the least number that ca be rounded off to 1?

0.5


What number ca go into 4367?

1, 11, 397, 4367.


Could you answer what is the oxidation number of ca in cac2?

-1 for Carbon (in carbide) and +2 for Ca


Which commodity is carried by Indian railway in large number?

Coal


Is skateboarding a global commodity?

yes, Skateboarding is a global commodity and the validity of this would be enhanced if Earth itself included a greater number of skateparks.


What is average utility?

Average Utility is defined as the utility derived (or obttained) from the use of one unit of commodity. It is calculated by dividing the total number of utils by the number of units commodity is used by the consumer.


What relative number of cac and o in calcium carbonate?

The formula for calcium carbonate is CaCO3. The relative number of Ca, C, and O is 1:1:3.


Where is title number on CA registration?

CA does not record the title number on the CA registration card. The CA title number is listed in the bottom lower right hand corner of the CA title. Vehicle Registration Wizards - www.vehicleregwizards.com


Where is title number on CA title?

CA does not record the title number on the CA registration card. The CA title number is listed in the bottom lower right hand corner of the CA title. Vehicle Registration Wizards - www.vehicleregwizards.com