Figure: Supply and Demand in the Orange Juice Market (Figure: Supply and Demand in the Orange Juice Market) Look at the figure Supply and Demand in the Orange Juice Market.Suppose most people drink orange juice only with champagne.What will be the new equilibrium point in the orange juice market if a law banning alcohol passes?

Question

Figure: Supply and Demand in the Orange Juice Market  (Figure: Supply and Demand in the Orange Juice Market) Look at the figure Supply and Demand in the Orange Juice Market.Suppose most people drink orange juice only with champagne.What will be the new equilibrium point in the orange juice market if a law banning alcohol passes?

Quizplus · Accepted Answer

The Answer of Figure: Supply and Demand in the Orange Juice Market  (Figure: Supply and Demand in the Orange Juice Market) Look at the figure Supply and Demand in the Orange Juice Market.Suppose most people drink orange juice only with champagne.What will be the new equilibrium point in the orange juice market if a law banning alcohol passes?