All else equal, a ________ of orange juice used in breakfast drinks would shift the ________ curve for breakfast drinks to the left.
A)shortage; demand
B)shortage; supply
C)surplus; demand
D)surplus; supply

Question

Quizplus · Accepted Answer

A shortage of orange juice, an ingredient in breakfast drinks, would decrease the ability to produce these drinks, shifting the supply curve to the left due to reduced availability. Demand is not directly affected by the shortage in this context.

All Else Equal, a ________ of Orange Juice Used in Breakfast