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Suppose a frost destroys much of the Florida orange crop. At the same time, suppose consumer tastes shift toward orange juice. What would we expect

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Suppose a frost destroys much of the Florida orange crop. At the same time, suppose consumer tastes shift toward orange juice. What would we expect to happen to the equilibrium price and quantity in the market for orange juice? O a. Price will increase; quantity will increase. O b. Price will increase; quantity is ambiguous. O c. Price will increase; quantity will decrease. O d. Price will decrease; quantity is ambiguous. Which of the following are the best examples of substitute goods? a. hot dogs and mustard O b. personal computers and computer software programs c. milk and cookies O d. Samsung Galaxy and Apple iphone Which of the following shifts the demand for watches to the right? O a. a change in the cost of producing watches O b. an increase in the price of watches O c. a decrease in the price of watch O d. a decrease in the price of watches

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