Why has the price of sushi remained constant

Assignment Help Macroeconomics
Reference no: EM13208550

1. WASHINGTON - Scorching heat and the worst drought in nearly a half-century are threatening to send food prices up, spooking consumers and leading to worries about global food costs. On Wednesday, the government said it expected the record-breaking weather to drive up the price for groceries next year, including milk, beef, chicken and pork. The drought is now affecting 88 percent of the corn crop, a staple of processed foods and animal feed as well as the nation's leading farm export. (NY TIMES)
Use Supply and Demand analysis to answer the following questions:
How does the drought affect the supply of corn?
How does this affect the prices of milk, beef, chicken and pork?

2. NEW YORK--- Sushi bars are opening up in vast numbers in American cities. Consumption of sushi, the raw-fish delicacy from Japan, has soared in the United States in recent years. Nevertheless, the price of sushi has remained relatively constant.
Use Supply and Demand analysis to answer the following questions:
What happen to the supply and demand for sushi?
Why has the price of sushi remained constant?

Reference no: EM13208550

Previous Q& A

  What is the total value of fnc today

What is the total pv of the four yearly dividends, what is the pv of the forecasted share price and what is the total value of FNC today?

  Simplify the following boolean expressions

Simplify the following Boolean expressions. a) xy + (x + y)z + y, b) x + y + (x + y + z), c) yz + wx + z + [wz(xy + wz)]

  Define the bond dipoles of iodomethane

Write a brief discussion of the bond dipoles of iodomethane and the corresponding Grignard reagent.

  Determine what is the annual equivalent expense

Major overhaul express of $5000 each are anticipated for a large piece of earthmoving equipment. The expenses will occur at EOY four and will continue every 3 years thereafter up to and including year 13. The interest rate is 12% per year.

  Write a python programs to solve

Write a Python programs to solve the following. Scientist measure an object's mass in kilograms and its weight in newtons. The equation is weight = mass * 9.8.

  Explain what is the maximum number of electrons

Assuming that the Pauli exclusion principle remains valid in the distant universe, what is the maximum number of electrons that can populate a given orbital there.

  Define static binding and dynamic binding

1. Define static binding and dynamic binding and give an example of each. Static binding occurs at compile time and dynamic binding occurs at run time. 2. Describe a situation when a history sensitive variable in a subprogram is useful.

  What is the effective annual interest rate

Your credit union is willing to lend you $32,000 for your home remodeling project. You must sign a home equity loan that requires you to make payments of $395.00 at the end of each month for the next 10 years.

  Determine if that polygon is a square

Given the length of four sides determine whether they can be used to create a polygon and determine if that polygon is a square. A polygon can be created if no single side is greater than the sum of the other three sides.

  State the envrionmental hazards that come from poultry farms

Discribe in DETAIL, the envrionmental hazards that come from poultry farms?


Write a Review


Similar Q& A

  Aggregate expenditure model and the is curve

Provide the key provisions of the tax cuts passed through Congress in spring 2003 and explain how would these tax cuts be represented by the aggregate expenditure model and the IS curve

  What can you infer regarding the own price elasticity

Illustratr what can you infer regarding the own price elasticity of demand for Big G cereal.

  Economic discussion questions

In most developing nations, there are long lines of taxis at airports, and taxis often wait 2or3 hours. What does this tell you about the price in developing nations market?

  Which theory might frame a research study into question

Do a brief secondary investigation of a question of interest to you related to organizational culture, individual differences, or perceptions, attributions, and emotions. For your secondary investigation, you will review at least three scholarly r..

  Explain a professors rule of thumb

He randomly selects 8 students and finds that they study the following amounts per week: 1, 2, 4, 4, 6, 6, 8 and 14. Assuming a normal distribution, can the professor conclude with 95% certainty that the students are studying as they should?

  Fed advances and discounts on monetary base

Suppose, in a given week, float raises $900 million, Treasury deposits at the Fed rise $1500 million, discounts and advances decline $200 million, and foreign deposits at the Fed increase $150 million.

  Elucidate the differences among the two and why economics

Microeconomics and macroeconomics: Elucidate the differences among the two and why economics is divided into these two subdivisions.

  Estimate the cost of the tution

Perry is a freshman, he estimates that the cost of tuition, books, room and board, transportation, and other incidentals will be $30000 this year. He expects these costs to rise about $1500 each year while he is in college.

  What price should jim set

The Burrito Barn is considering a price reduction on the Firegut Burrito, which currently sells for $5.00. Jim, the owner of Burrito Barn, knows that the price elasticity of the Firegut is roughly equal to -2.3 over the range of prices being consi..

  Optimum level of security guards

21st century electronics has found a theft problem at its warehouse and has decided to hire security guards. The firm wants to hire the optimal number of security guards.

  Marginal revenue function for a monopoly firm

What is the profit-maximizing price for this firm? On the graph show the area, which area represents the net loss to society resulting from the monopoly power conferred by the patent?

  Illustrate what factors led to the mortgage default crisis

Illustrate what factors led to the mortgage default crisis. How did mortgage defaults affect banks involved in mortgage lending and mortgage investing.

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