Use the following to answer question:
-(Figure: Shifts in Demand and Supply)Use Figure: Shifts in Demand and Supply.The figure shows how supply and demand might shift in response to specific events.Suppose a fall frost destroys one-third of the nation's orange crop.Which panel BEST describes how this will affect the market for vitamin C tablets,which are a substitute in consumption for oranges?
A)Panel A
B)Panel B
C)Panel C
D)Panel D

Question

Use the following to answer question: 
-(Figure: Shifts in Demand and Supply)Use Figure: Shifts in Demand and Supply.The figure shows how supply and demand might shift in response to specific events.Suppose a fall frost destroys one-third of the nation's orange crop.Which panel BEST describes how this will affect the market for vitamin C tablets,which are a substitute in consumption for oranges?
A)Panel A 
B)Panel B 
C)Panel C 
D)Panel D

Quizplus · Accepted Answer

A fall frost destroying a significant portion of the orange crop would decrease the supply of oranges, leading to an increase in the demand for substitutes like vitamin C tablets. Panel C, which shows an increase in demand, best describes this scenario.

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