Which of the following will affect natural resources pricing?   a. Whether the resource is finite or renewable.     b. Whether substitutes are available.   c. Whether technical advances decrease the resources’ marginal extraction costs.   d. All of the above.

Majority of snow crab consumed in the U.S. comes from Alaska. What immediate impact would the closure of the Alaska snow crab fishery (described in the article several questions above) have on the market for stone crab, the majority of which comes from Florida? A. Positive demand shock in the market for stone crab B. Negative demand shock in the market for stone crab C. Positive supply shock in the market for stone crab D. Negative supply shock in the market for stone crab What determinant of demand or determinant of supply caused the shock you identified in the question above? Explain in 2 - 3 sentences integrating TWO relevant economic concepts.

Question 1: QUESTION d Read the scenario and determine if it wil change the supply or the demand of the market listed. Will equilibrium price increaseor decrease ? Will equilibrium quantit increase or  decrease? Market: Sugar produced in the United State Scenario: Tarifts on imported sugar lead U.S, sugar to buy more from U.S, sugar producers.  Supply or demand? Equilibrium price? Equillbrium quanity?  Market: Chunky Monkey Icecream Scenario: Social Media Influencer Addison Rae advertises Kemps vanilla frozen yogurt to her 100 million followers. Supply or demand? Equilibrium Price? Equilibrium Quanity? Market: New computer  Scenario: U.S treasury announces new stimulus check that would be sent to all households. Supply or demand? Equillibrium Price? Equillibrium Quantiy? Market: Trucking Service Scenario: OPEC announces a massive oil production increase driving down the cost of gas Supply or demand? Equilibrium Price? Equilibrium Quantity?

Use the figure to answer the following question(s). Price P Figure 25-1 Sa Q1 Q₂ Q3 Quantity of Resource Supplied/Time Refer to Figure 25-1. If this graph indicates the short-run and long-run supply curves for a resource, which of the following would probably be the long-run supply curve of the resource? O a. Qz Ob. Q3 c. Sb Od. Sa

How can the milk industry perform successfully in the future economy?

Trying to see what I misunderstood with this questions. Thank you!