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
#SPJ4
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