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Suppose a severe freeze damages the Florida orange crop. Everything else remaining unchanged, which of the following is most likely to be true? (answers listed

Suppose a severe freeze damages the Florida orange crop. Everything else remaining unchanged, which of the following is most likely to be true? (answers listed in the photo below)

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Suppose a severe freeze damages the Florida orange crop. Everything else remaining unchanged, which of the following is most likely to be true? 0 The output of oranges will fall but the price will increase. 0 Because ofthe shortage of oranges, consumers will reduce their demand in order to economize. O The supply curve for oranges will shift to the right. 0 Both the output and the price of oranges will decrease. 0 Both the supply curve and the demand curve for oranges will shift to the left

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