Given the availability of California oranges, the demand for Florida oranges will:
A)be less elastic than if there were no California oranges.
B)be more elastic than if there were no California oranges.
C)have the same elasticity as it would if there were no California oranges.
D)be perfectly elastic.
E)be perfectly inelastic.

Question

Given the availability of California oranges, the demand for Florida oranges will:​
A)be less elastic than if there were no California oranges.
B)be more elastic than if there were no California oranges.
C)have the same elasticity as it would if there were no California oranges.
D)be perfectly elastic.
E)be perfectly inelastic.

Quizplus · Accepted Answer

The availability of California oranges provides consumers with a substitute for Florida oranges, making the demand for Florida oranges more elastic.

Given the Availability of California Oranges, the Demand for Florida