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POBF

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Question
Answer
Which situations would cause prices to rise?   Insects destroy a large cotton crop  
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A business that begins selling winter holiday decorations in late autumn is creating what type of utility?   Time  
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Which is an external factor that affects market price?   consumer buying power  
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when prices increase, producers usually:   increase supply  
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which is a natural resource that can be renewed through people's efforts?   trees  
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a killing frost destroys 80% of florida's citrus crop. this will most likely create:   a seller's market  
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which group of words best describes wants?   unlimited, changing, and competing,  
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the usefulness of a product to consumers is referred to as a product:   utility  
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a local dry cleaner that also launders and presses shirts is selling   consumer services  
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Created by: Christinacruz13