Explain why does not just one orange juice for us market

Assignment Help Business Economics
Reference no: EM1363502

The marginal and average cost curves are alike in shape among the three orange juice processing firms located in California, Texas, and Florida, but the costs are lower in some states than in others. Why? If this is true, why does not just one state produce all of the orange juice for the U.S. market?

Reference no: EM1363502

Questions Cloud

Recording issuances of common stock-treasury stock : Prepare the journal entries for these transactions, assuming that the common stock has a par value of $3 per share. Prepare the journal entries for these transactions, assuming that the common stock is on-par with a stated value of $2 per share.
Imagine the water is in freefall as it drops : imagine the water is in freefall as it drops. What charge must be on each plate.
Exposure to second-hand smoking : Exposure to second-hand smoke increases the risk of adverse health effects. Second-hand smoke has been classified by the EPA as a known carcinogen (cancer causing agent).
Explain internal and external change agents : Explain Internal and External Change Agents - When are internal change agents more likely to be successful as compared to external change agents?
Explain why does not just one orange juice for us market : If this is true, explain why does not just one state produce all of the orange juice for the U.S. market.
Find the net average force that acts on each car : while the airport sends out a rescue crew, how far will the crew have to fly to reach the aircraft if they fly in a straight line from Galisto?
Show sample two-way tables : Prepare two-way tables of percentages for the subsequent pair of variables and how would you run the percentages
Reducing the risk of cancer or heart disease : List the 5 supplements you found as well as any information about them and how they may reduce the risk of cancer or heart disease.
Explain why does not just one state produce all of orange : explain why does not just one state produce all of the orange juice for the U.S. market? Can you answer this question without the simulation.

Reviews

Write a Review

Business Economics Questions & Answers

  Compute demand elasticity using the midpoint formula

A sporting goods store has estimated the demand curve for a popular brand of running shoes as a function of price. Compute demand elasticity using the midpoint formula.

  Data-plotting tool will automatically connect

The data-plotting tool will automatically connect the points with a line.

  Maintain the same profit

If the company will sell the number of units obtained in part d and wants to maintain the same profit as last year, what will its new price have to be.

  Process of selecting committee chairs

Should the seniority rule be eliminated, what is MOST likely to gain greater influence over the process of selecting committee chairs.

  Decreasing or constant returns to scale

If it had doubled its land as well as labor, production would have been 325000 bushels. Does it have increasing, decreasing or constant returns to scale.

  Illustrate what cost-minimizing combination of k and l

illustrate what cost-minimizing combination of K and L will the manufacturer employ for the output levels in part a.

  Which of subsequent correctly describes an external benefits

Which of the subsequent correctly describes an external benefit resulting from A person's purchase of flu shots from a doctor.

  Elucidate the total cost also the firm total profits

Elucidate the Total Cost also the firm total profits. If the above monopolist were to behave like a perfectly competitive firm (operating in the long run), determine its output.

  Illustrate what suggest about demand elasticity for drugs

Illustrate what does this suggest about demand elasticity for drugs. Could it be that this experiment didn't actually measure elasticity very well and that elasticity is quite large.

  Describe the uses of elasticity of demand

Using appropriate diagrams and notations, carefully explain the relationship between elasticity, total revenue and marginal revenue. Describe the uses of elasticity of demand.

  Elucidate what is the calculation for a stock with a beta

Elucidate what is the calculation for a stock with a beta of -03, 07 and 1.6. Show calculations in 3 separate answeres.

  Cognitive evaluation theory is contradictory

The Cognitive evaluation theory is contradictory to reinforcement also expectancy theories.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd