Suppose you are the manager of Good Smells, a home fragrance firm. To make your fragrance, you purchase orange peels from orange juice manufacturers. If the demand for orange juice increases, this will cause the production of orange juice peels to _____and the price of orange juice peels to _____.

Question

Quizplus · Accepted Answer

If the demand for orange juice increases, it means that more oranges will be used to produce the juice, resulting in an increase in the supply of orange juice peels, causing the price of orange juice peels to fall.

Suppose You Are the Manager of Good Smells, a Home