Question: help me to find the solution for Q1&2. Question 1 Florida Citrus Mutual, an agricultural cooperative association for citrus growers in Florida, needs to predict

help me to find the solution for Q1&2.

help me to find the solution for Q1&2. Question 1 Florida Citrus

Question 1 Florida Citrus Mutual, an agricultural cooperative association for citrus growers in Florida, needs to predict what will happen to the price and output of Florida oranges under the conditions below. What are your predictions? For each part, sketch a graph showing the appropriate demand and supply analysis. a. A major freeze destroys a large number of orange trees in Florida. The scientists in the agricultural extension service of the University of Florida discover a way to double the number of oranges produced by each orange tree. C . The American Medical Association announces that drinking orange juice can reduce the risk of heart attack. Question 2 Suppose you are a stock market analyst specializing in the stocks of theme parks, and you are examining Disneyland's stock. The Wall Street Journal reports that tourism has slowed down in the United States. At Six Flags Magic Mountain in Valencia, California, a new Viper roller coaster is now operating and another new ride, Psyclone, will be opening this year. Using demand and supply analysis, predict the impact of these events on ticket prices and attendance at Disneyland. As reported in the Wall Street Journal, Disneyland slashed ticket prices and admitted that attendance was somewhat lower. Is this consistent with your prediction using demand and supply analysis? Note: Six Flags Magic Mountain and Disneyland are two theme parks operating in the state of California. Question 3 A construction company must replace its front-end loader. The initial cost and annual net cash flows for the two models under consideration are shown in the table below. Given the heavy use of the machines, they will be completely worn out at the end of 5 years and have no salvage value. The firm's cost of capital is 12 percent

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!