If South Carolina experiences a late frost that damages the state's peach crop, then:
A) the demand curve for peaches will shift to the left.
B) the supply curve for peaches will shift to the right.
C) the demand curve for peaches will shift to the right.
D) the price of nectarines, a substitute for peaches, will rise.

Question

Quizplus · Accepted Answer

A late frost damaging South Carolina's peach crop would reduce the supply of peaches, not affect the demand directly. This reduction in supply could lead to higher prices for peaches, making substitutes like nectarines more attractive, potentially increasing their price due to higher demand.

If South Carolina Experiences a Late Frost That Damages the State's