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Suppose Bad Weather in Florida Unexpectedly Results in a Much

Question 71

Multiple Choice

Suppose bad weather in Florida unexpectedly results in a much smaller citrus crop than had been projected. The reduction in the supply of Florida citrus fruit would tend to


A) increase the supply of California citrus fruit.
B) decrease the price of California citrus fruit.
C) increase the price of Florida citrus fruit.
D) shift the supply curve for Florida citrus fruit down and to the right.

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