Which of the following will most likely result from a destruction of half of the Florida orange crop due to a hard freeze?
A) a decrease in the demand for oranges
B) an increase in the supply of oranges
C) an increase in the quantity of oranges bought and sold
D) an increase in the price of oranges

Question

Quizplus · Accepted Answer

The destruction of half of the Florida orange crop would reduce the supply of oranges, leading to a higher price due to the decreased availability.

Which of the Following Will Most Likely Result from a Destruction