Which of the following events would cause the price of oranges to fall?
A) There is a shortage of oranges.
B) The FDA announces that bananas cause strokes,and oranges and bananas are substitutes.
C) The price of land throughout Florida decreases,and Florida produces a significant proportion of the nation's oranges.
D) All of the above are correct.
Correct Answer:
Verified
Q84: If macaroni and cheese is an inferior
Q85: Suppose the number of buyers in a
Q86: What would happen to the equilibrium price
Q87: During the last few decades in the
Q88: If consumers often purchase muffins to eat
Q90: If consumers often purchase muffins to eat
Q91: Which of the following events would unambiguously
Q92: Suppose the income of buyers in a
Q245: Suppose there is a flood in St.
Q252: Suppose the number of buyers in a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents