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Elena Loves Orange Juice

Question 105

Multiple Choice

Elena loves orange juice.She reads in the newspaper that 20 percent of the Florida orange crop was destroyed by a late spring frost.Economists predict that the price of oranges will rise by 50 percent by the end of the year.As a result,Elena's demand for orange juice


A) will increase but not until the end of the year.
B) increases today.
C) decreases as she looks for a substitute good.
D) shifts left today.

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