When there is a shortage of citrus fruit, the economic forces of supply and demand would suggest

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When there is a shortage of citrus fruit, the economic forces of supply and demand would suggest that

a. price will stay constant.

b. price will decrease.

c. price will stay constant.

d. price, all things remaining equal, will increase.

e. it will take a long time before the shortage is felt in the market.

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Foundations Of Business

ISBN: 9780538744515

2nd Edition

Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor

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Question Posted: Sep 13, 2024 10:00 AM

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When there is a shortage of citrus fruit, the economic forces of supply and demand would suggest

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Foundations Of Business

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