A hurricane destroys the banana crop on the island of st. vincent in the caribbean sea. this causes a shift to the left in the supply of bananas to the united states. prices of bananas will ___________ because of a change in __________.



Answer :

A hurricane destroys the banana crop on the island of St. Vincent in the Caribbean Sea. This causes a shift to the left in the supply of bananas to the United States. Prices of bananas will increase because of a change in resource costs and availability.

What is resource cost?

Resource costs are either fixed or variable costs associated with using resources as needed by the various project activities.

When a resource is used by an activity, there is a cost associated with using it that can be thought of as a one-time expense.

A consumable resource's per-use fee is only ever applied once after it has been utilized.

On the other hand, the resource demand of the activity determines the cost per use of a renewable resource (i.e. its resource requirement and not its total work content).

For instance, gallons of gasoline required to fuel excavators during a building project have a cost per use of €250 every delivery.

To learn more about resource cost, refer

https://brainly.com/question/20721820

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A hurricane destroys the banana crop on the island of St. Vincent in the Caribbean Sea. This causes a shift to the left in the supply of bananas to the United States. Prices of bananas will increase because of a change in resource costs and availability.

What is resource cost?

Resource costs are either fixed or variable costs associated with using resources as needed by the various project activities.

When a resource is used by an activity, there is a cost associated with using it that can be thought of as a one-time expense.

A consumable resource's per-use fee is only ever applied once after it has been utilized.

On the other hand, the resource demand of the activity determines the cost per use of a renewable resource (i.e. its resource requirement and not its total work content).

For instance, gallons of gasoline required to fuel excavators during a building project have a cost per use of €250 every delivery.

To learn more about resource cost, refer

brainly.com/question/20721820

#SPJ4

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