Assume that orange juice is a substitute for grapefruit juice. Also assume that the supply and demand curves for both orange juice and grapefruit juice have normal slopes. That is the slope each curve is consistent with the appropriate law (supply or demand). "If workers at orange juice factories unionize, strike, and settle for a new wage rate that is double their previous wages while workers at grapefruit juice factories continue to work under their old wage agreement, then the market price and quantity of both orange juice and grapefruit juice will increase." Is this statement is true or false? First indicate the correct response by circling either true or false