If Georgia experiences a late frost that damages the peach crop, we should expect the
A) supply curve for peaches to shift to the right and the price of peaches to fall.
B) supply curve for peaches to shift to the left and the price of peaches to rise.
C) demand curve for peaches to shift to the left and the price of peaches to fall.
D) demand curve for peaches to shift to the right and the price of peaches to rise.

Question

Quizplus · Accepted Answer

A late frost damaging the peach crop would decrease the supply of peaches, shifting the supply curve to the left, leading to higher prices due to reduced availability.

If Georgia Experiences a Late Frost That Damages the Peach