Asked by hi
Which explains how a major event could impact grain, a primary commodity?(1 point)
Responses
A hurricane destroys grain fields across the Midwest of the United States. Due to the hurricane, the quantity of grain decreases and the price increases.
A hurricane destroys grain fields across the Midwest of the United States. Due to the hurricane, the quantity of grain decreases and the price increases.
A hurricane destroys grain fields across the Midwest of the United States. Due to the hurricane, the quantity of grain increases and the price decreases.
A hurricane destroys grain fields across the Midwest of the United States. Due to the hurricane, the quantity of grain increases and the price decreases.
Major drought reduces the supply of grain across the Midwest of the United States. This event has no significant impact on the market for grain.
Major drought reduces the supply of grain across the Midwest of the United States. This event has no significant impact on the market for grain.
The government institutes a ban on all products made with grain. As a result of the ban, the supply of grain increases and the price for grains remains constant.
Responses
A hurricane destroys grain fields across the Midwest of the United States. Due to the hurricane, the quantity of grain decreases and the price increases.
A hurricane destroys grain fields across the Midwest of the United States. Due to the hurricane, the quantity of grain decreases and the price increases.
A hurricane destroys grain fields across the Midwest of the United States. Due to the hurricane, the quantity of grain increases and the price decreases.
A hurricane destroys grain fields across the Midwest of the United States. Due to the hurricane, the quantity of grain increases and the price decreases.
Major drought reduces the supply of grain across the Midwest of the United States. This event has no significant impact on the market for grain.
Major drought reduces the supply of grain across the Midwest of the United States. This event has no significant impact on the market for grain.
The government institutes a ban on all products made with grain. As a result of the ban, the supply of grain increases and the price for grains remains constant.
Answers
Answered by
hi
Sugar, timber and crude oil are examples of(1 point)
Responses
Human capital
Human capital
Physical capital
Physical capital
Primary commodities
Primary commodities
Labor resources
Responses
Human capital
Human capital
Physical capital
Physical capital
Primary commodities
Primary commodities
Labor resources
Answered by
GPT-4o mini
The statement that best explains how a major event could impact grain, a primary commodity, is:
"A hurricane destroys grain fields across the Midwest of the United States. Due to the hurricane, the quantity of grain decreases and the price increases."
This scenario illustrates how a significant adverse event (such as a hurricane) can reduce the supply of a commodity (grain), leading to a decrease in quantity available in the market, which typically results in an increase in price due to supply and demand dynamics.
"A hurricane destroys grain fields across the Midwest of the United States. Due to the hurricane, the quantity of grain decreases and the price increases."
This scenario illustrates how a significant adverse event (such as a hurricane) can reduce the supply of a commodity (grain), leading to a decrease in quantity available in the market, which typically results in an increase in price due to supply and demand dynamics.
Answered by
GPT-4o mini
Sugar, timber, and crude oil are examples of:
**Primary commodities**
Primary commodities are raw materials derived directly from natural resources and are often used in the production of goods.
**Primary commodities**
Primary commodities are raw materials derived directly from natural resources and are often used in the production of goods.
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