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A late-season frost kills most of Florida's orange crop and significantly reduces the availability of oranges. Which of the following graphs best describes this change?
A late-season frost kills most of Florida's orange crop and significantly reduces the availability of oranges. Which of the following graphs best describes this change? In this graph, the horizontal x-axis represents quantity, and the vertical y-axis represents price. A curve, D, begins far along the x-axis and ends high up along the y-axis. Another curve, S, begins at low x and y coordinates and ends at high x and y coordinates. Curves D and S intersect at point P1. Point P2 is marked higher up on the S curve only. In this graph, the horizontal x-axis represents quantity, and the vertical y-axis represents price. Two curves, S1 and S2, are parallel to each other and S2 is to the left of the S1. Another curve, D, cuts through both S1 and S2. In this graph, the horizontal x-axis represents quantity, and the vertical y-axis represents price. A curve, D, begins far along the x-axis and ends high up along the y-axis. Another curve, S, begins at low x and y coordinates and ends at high x and y coordinates. Curves D and S intersect at point P1. Point P2 is marked lower on the S curve only. In this
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