Use the laws of demand and supply to explain whether the statements in Recycl Problems 2 and 3 are true or false. 2. The United States does not allow oranges from Brazil (the world's largest producer of oranges) to enter the United States. If Brazilian oranges were sold in the United States, oranges and orange Acro Reade juice would be cheaper. 3. If the price of frozen yogurt falls, the quantity of ice cream consumed will decrease and the price of ice cream will rise. MS W Answer the following review questions- ASSIGN 1. What is the difference between the law of demand and the law of supply? Explain by giving an example 2. In your opinion, which la represents the state of the consumer more? Kaspe Small Demand law or supply law? Give a reason for your answer 3. Take the example of Tim Horton's new menu addition- Granola Muffin. How it differentiates between the law of demand and the law of supply. What can a Safe M supplier do to increase his demand and why do consumers want to change their demand for this good