Scenario 9-1 The Before-Trade Domestic Price of Peaches in the United States

question 291

Multiple Choice

Scenario 9-1
The before-trade domestic price of peaches in the United States is $40 per bushel.The world price of peaches is $52 per bushel.The U.S.is a price-taker in the market for peaches.
-Refer to Scenario 9-1.If trade in peaches is allowed,the price of peaches in the United States

• A)will be greater than the world price.
• B)will be equal to the world price.
• C)will be less than the world price.
• D)could be greater than,equal to,or less than the world price;this cannot be determined.

---

Definitions:

Target Audience

The specific group of consumers a product, service, or content piece is aimed at, similar to target markets but often more focused.

Tone

The attitude or emotional quality conveyed through the choice of words and style in oral or written communication.

Expectations

Assumptions or beliefs about what is likely to happen or what someone should do in the future.

Audience

The group of people who watch, read, or listen to something, especially the ones targeted by a message or presentation.