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-(Figure: Shifts in Demand and Supply II) Use Figure: Shifts in Demand and Supply II.The graph shows how supply and demand might shift in response to specific events.Suppose a fall frost destroys one-third of the nation's grapefruit crop.Which panel BEST describes how this will affect the market for vitamin B₁₂ tablets,which are a substitute in consumption for grapefruit?

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-(Figure: Shifts in Demand and Supply II) Use Figure: Shifts in Demand and Supply II.The graph shows how supply and demand might shift in response to specific events.Suppose a fall frost destroys one-third of the nation's grapefruit crop.Which panel BEST describes how this will affect the market for vitamin B₁₂ tablets,which are a substitute in consumption for grapefruit?

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A fall frost destroying a significant portion of the grapefruit crop would decrease the supply of grapefruit, leading to higher prices. As vitamin B12 tablets are substitutes for grapefruit, the demand for vitamin B12 tablets would increase, shifting the demand curve to the right, as shown in Panel A.

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