In Which Statement Is the Term "Supply" Used Correctly? (1)A

question 57

Multiple Choice

In which statement is the term "supply" used correctly? (1) A hurricane that destroys orange groves in Florida will lead to a decrease in the quantity supplied of oranges.(2) A new technology that prevents a fungus in Florida orange trees will lead to an increase in the supply of oranges.

• A)the first statement
• B)the second statement
• C)both statements
• D)neither statement
• E)more information is needed

Learn how to differentiate relevant from irrelevant factors in creating a competitor strategy profile.

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Identify various resources and their usefulness in assessing competitors' strategic positions.

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Definitions:

Output Devices

Hardware components that convey information from a computer or electronic device to the user or another device, such as printers and monitors.

Display

Electronic device or surface area that visually represents data or images.

Power Consumer

An entity or device that uses a large amount of electrical power, often considered in the context of energy efficiency and conservation.

Mobile Computing

The use of portable computing devices, such as smartphones and tablets, that allow for internet and application access on the go.