Question
a) The market for pizza. Health researchers discover that eating pizza at least once a week adds 3 years to your life expectancy and decreases
a) The market for pizza. Health researchers discover that eating pizza at least once a week adds 3 years to your life expectancy and decreases the risk of dementia.
b) The market for cars. There is a shortage of computer chips. Modern cars use many computer chips so this delays products and raise the input costs for manufacturing cars.
c) The market for almonds. Good weather in California makes the almond crop much larger than usual. [also explain if this will benefit farmers or almond consumers more]
d) The market forwild Salmon. Costs for fishing companies decrease as new technology makes it cheaper to catch wild salmon. The price of farmed salmon rises because new regulations makes it more expensive to farm salmon.
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