Why is the news bad for tomato lovers

Reference no: EM13972013

Frigid Florida Winter is Bad News for Tomato b Lovers An unusually cold January in Florida destroyed entire fields of tomatoes and forced many farmers to delay their harvest. Florida's growers are shipping only a quarter of their usual 5 million pounds a week. The price has risen from $6.50 for a 25- pound box a year ago to $30 now. Source: USA Today, March 3, 2010

a. Make a graph to illustrate the market for tomatoes in January 2009 and January 2010.

b. On the graph, show how the events in the news clip influence the market for tomatoes.

c. Why is the news "bad for tomato lovers"?

Reference no: EM13972013

Questions Cloud

Calculate the average time : How many platters and heads does this disk have? Assuming an average cylinder seek time of 11 ms, average rotational delay of 7 msec and reading rate of 100 MB/sec, calculate the average time it will take to read 400 KB from one sector.

What is the best estimate of stocks current intrinsic value : Paradise Retailers, Inc. just paid a dividend of $2.25. Analysts expect the company's dividend to grow by 40% this year, by 25% in Year 2, and at a constant rate of 6% in Year 3 and thereafter. The required return on PRI's stock is 15.00%. What is th..

Difference between kernel and user mode : What is the difference between kernel and user mode? Explain how having two distinct modes aids in designing an operating system.

What is the expected return on this portfolio : A stock has a beta of 1.12, an expected return of 10.22 percent, and lies on the security market line. A risk-free asset is yielding 3.51 percent. Ferghus wants to create a $15,000 portfolio that is comprised of these two securities and that will hav..

Why is the news bad for tomato lovers : Florida's growers are shipping only a quarter of their usual 5 million pounds a week. The price has risen from $6.50 for a 25- pound box a year ago to $30 now. Source: USA Today, March 3, 2010, Make a graph to illustrate the market for tomatoes in..

What is the present value of the cash flow stream : You wrote a piece of software that does a better job of allowing computers to network than any other program designed for this purpose. A large networking company wants to incorporate your software into their systems and is offering to pay you $479,0..

What is the analogous for-profit statement called : What is the analogous for-profit statement called? What are the main sections of the statement of operations? What are revenues, gains, and other support?

Family-of-computers idea : The family-of-computers idea was introduced in the 1960s with the IBM System/360 mainframes. Is this idea now dead as a doornail or does it live on?

The future value of these investment cash flows : Trigen Corp. management will invest cash flows of $1,238,006, $1,143,422, $1,487,955, $818,400, $1,239,644, and $1,617,848 in research and development over the next six years. If the appropriate interest rate is 8.12 percent, what is the future value..

User Account

All Pages