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Because of the cold weather in Florida, the supply of oranges has substantially decreased. This statement indicates that: A . the price of oranges will
Because of the cold weather in Florida, the supply of oranges has substantially decreased. This statement indicates that: A the price of oranges will fall. B the demand for oranges will necessarily rise. C the equilibrium quantity of oranges will rise. D the amount of oranges that will be available at various prices has declined.
Because of the cold weather in Florida, the supply of oranges has substantially decreased. This statement indicates that:
A the price of oranges will fall.
B the demand for oranges will necessarily rise.
C the equilibrium quantity of oranges will rise.
D the amount of oranges that will be available at various prices has declined.
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