Respuesta :

The correct option is (a) The demand for California brown rice increases.

If there is a flood in Florida that destroys 30% of the brown rice crop The demand for California brown rice increases.

What are the elements causing the price of agricultural products to increase?

  • There is widespread agreement that fundamental changes in global supply and demand are to blame for the rise in food costs.
  • High energy costs, rising affluence, climate change, and increased biofuel production are just a few of the factors causing food prices to rise.
  • Demand has increased as a result of rising income and per capita consumption in developing nations. The adoption of biofuel policies in wealthy nations explains the rise in demand as well.

Learn more about the Labor economics with the help of the given link:

https://brainly.com/question/333305

#SPJ4

I understand that the question you are looking for is "What would happen to the markets for California brown rice and Florida brown rice if there is a flood in Florida that destroys 30% of the brown rice crop?

a. The demand for California brown rice increases.

b. The demand for Florida brown rice decreases.

c. The supply of California brown rice increases.

d. The price of Florida brown rice decreases."

ACCESS MORE
ACCESS MORE
ACCESS MORE
ACCESS MORE

Otras preguntas