Weather disruptions in agricultural areas will: A. Reduce the demand for food, decreasing the equilibrium price and quantity of food. B. Reduce the supply of food, increasing the equilibrium price and quantity of food. C. Increase the supply of food, decreasing the equilibrium price, but decreasing the equilibrium quantity of food. D. Increase the demand for food, increasing the equilibrium price and quantity of food. E. Reduce the supply of food, increasing the equilibrium price, but reducing the equilibrium quantity of food.

e

Explanation:

Due to weather disruptions in agricultural areas , farms would be negatively affected and this would reduce supply. If supply is reduced, the supply curve shifts inward. This would lead to an increase in equilibrium price and a reduction in equilibrium quantity

For example, an hurricane would destroy farms

answerbland allison silver purchase act);

the answer is "b.the increased supply will create a surplus. "

the essential thought behind price controls is straightforward - utilize the power of law to modify the equilibrium of a market. for instance, the legislature may choose that the steel business needs to survive, and in this way pass a law to set a value floor on steel. this implies all steel sold must offer at or over the floor value, which must be set over the equilibrium cost for it to have any impact. the switch could likewise happen - the administration can choose that steel is excessively costly and set a value roof underneath its equilibrium value, with the goal that all steel must be sold at or beneath that ceiling.