If Southern Ontario experiences a late frost that damages the state's peach crop, then we would expect:
A) the demand curve for peaches to shift downward and to the left.
B) the supply curve for peaches to shift outward and to the right.
C) the demand curve for peaches to shift upward and to the right.
D) the price of nectarines, a substitute fruit, to rise.
Correct Answer:
Verified
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