After you have studied Economics in the News on pp. 78–79, answer the following questions.

a. Would you classify frozen concentrated orange juice as a normal good or an inferior good? Why?

b. What would happen to the price of orange juice if citrus greening wiped out the Florida orange crop?

c. What are some of the substitutes for orange juice and what would happen to the demand, supply, price, and quantity in the markets for each of these items if citrus greening became more severe?

d. What are some of the complements of orange juice and what would happen to the demand, supply, price, and quantity in the markets for each of these items if citrus greening became more severe?