Because of unseasonably cold weather, the supply of oranges has substantially decreased. This statement indicates the

Question

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The statement indicates that the supply of oranges has decreased due to unseasonably cold weather. Thus, there will be fewer oranges available at various prices, which is a decrease in the supply. The statement does not necessarily indicate that the demand for oranges will rise, that the equilibrium quantity of oranges will rise, or that the price of oranges will fall.

Because of Unseasonably Cold Weather, the Supply of Oranges Has