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There is unsually good growing weather that enchances the harvest of oranges and as a result, the price of oranges decrease . Show the impact
There is unsually good growing weather that enchances the harvest of oranges and as a result, the price of oranges decrease . Show the impact of this event on the equilibrium price and quantity of orange juice. Part 2 1.) Using the line drawing tool, depict the effect of unsually good growing weather on the market for orange juice. Draw either a shift in the supply curve or the demand curve for orange juice. Label your curve. 2.) Using the point drawing tool, depict the new equilibrium price and quantity. Label your point 'A
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