Unseasonably warm weather in Georgia resulted in a bumper crop of peaches. Ceteris paribus,
A) the demand for peaches decreased and the price of peaches decreased.
B) the supply of peaches increased and the price of peaches decreased.
C) the supply of peaches decreased and the price of peaches increased.
D) the demand for peaches increased and the price of peaches increased.
Correct Answer:
Verified
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