economics

determine by how much the demand for Florida Indian River oranges would change as a result of a 10 percent increase in the price of Florida interior oranges, and vice versa.

  1. 👍
  2. 👎
  3. 👁

Respond to this Question

First Name

Your Response

Similar Questions

  1. AP human geography

    The maps show annual orange crop harvests for two different scales of analysis. -Identify the scale of analysis for the data provided in both maps. -Orange production is a type of specialty agriculture. Describe ONE characteristic

  2. math

    A trucker hauls citrus fruit from Florida to Montreal. Each crate of oranges is 4 ft3 in volume and weighs 60 lb. Each crate of grapefruit has a volume of 6 ft3 and weighs 75 lb. His truck has a maximum capacity of 300 ft3 and can

  3. history

    Why has the Colorado River become an environmental issue? A. Frequent flooding threatens endangered habitats in the Rocky Mountains. B. Oil spills have polluted the river and threatened many species. C. Irrigation has severely

  4. History

    1.How did geography affect Florida during the Civil War? A.Florida has a long coastline, so it was easy to blockade. B. Florida was far to the south, so few battles happened there.**** C.Florida was surrounded by water, which

  1. Managerial Economics

    The demand function for a cola-type soft drink in general is Q = 20-2P, where Q stands for quantity and P stands for price. At which price would a change in price and quantity result in approximately no change in total revenue?

  2. Math

    The demand equation for a product is: q=60/p + ln(65-p^3) A) Determine the point of elasticity of demand when p=4, and classify the demand as elastic, inelastic, or of unit elasticity at this price level. B) If the price is

  3. History (Mrs. Sue, check answer?)

    How did geography affect Florida during the Civil War? (5 points) Florida has a long coastline, so it was easy to blockade. Florida was far to the south, so few battles happened there. Florida was surrounded by water, which

  4. History

    1)Which statement best explains how the War of 1812 contributed to the growth of the United States to include these states? A) Large numbers of soldiers later settled in the territories where the war had been fought. B) Military

  1. Mico- Econ-- Help

    Suppose that in a month the price of oranges increases from $.75 to $1. At the same time, the quantity of oranges demanded decreases from 100 to 80. The price elasticity of demand for oranges (calculated using the initial value

  2. economics

    Identify three goods each for which your demand is (a) elastic or (b) inelastic. What accounts for the differences in elasticity? Thank you for using the Jiskha Homework Help Forum. Let me help by explaining the difference between

  3. history

    can you order these in chronological order? Black Seminole help the Seminole. Osceola is upset over the Seminole moving to Indian Territory. Most Seminole go to Indian Territory. Osceola says he will fight rather than leave

  4. History

    Which of the following results of the French and Indian War was a cause of the American Revolutionary War? A: Native Americans lost large amounts of territory. B: Britain incurred a large debt as a result of the war. C: France

You can view more similar questions or ask a new question.