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

Question

Quizplus · Accepted Answer

The statement indicates that the supply of oranges has decreased due to unseasonably cold weather, which means that there will be fewer oranges available at various prices. This suggests a reduction in supply, not demand, which rules out options B and D. Option A is also incorrect because demand may remain constant, meaning that consumers may be willing and able to purchase the same amount of oranges at different prices. Finally, option E is not viable because a reduction in supply would lead to a shortage or reduced availability, not a surplus. Therefore, the correct answer is C.

"Because of Unseasonably Cold Weather,the Supply of Oranges Has Substantially