Graph and Explain the Appropriate Shape of the Supply or Demand

question 69

Essay

Graph and explain the appropriate shape of the supply or demand curve for Jimmy's Jammin Jelly Beans when:
a. there is a hurricane that destroys most sugarcane fields.
b. a new candy vendor opens a shop in town.
c. Jimmy's Jammin Jelly Beans become the hottest item to have at parties.

---

Definitions:

Bond Interest

The periodic payment made by bond issuers to bondholders, usually expressed as a percentage of the face value of the bond.

Adjusting Entry

An accounting entry made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Face Value

The nominal value or dollar value printed on a bond, stock, or other financial instrument, indicating its worth at maturity.

Bonds Issued

Long-term debt securities sold by a corporation or government to investors to raise capital, with the obligation to pay interest and repay principal at a specified date.