Keep the Highest 0 / 2 13. Supply and Demand Consider the following events: Scientists reveal that eating oranges decreases the risk of diabetes, and at the same time, unfavorable weather conditions damage a huge amount of orange crops. Show the effect of these two events on the market for oranges. (?) Supply Demand Supply Price of Oranges Quantity of Oranges True or False: When the demand curve and the supply curve shift in the directions indicated on this graph, the effect on the equilibrium price is clear even without knowing the magnitude of the shifts. True False