If a Drought in Florida Reduces the Amount of Oranges

question 158

Multiple Choice

If a drought in Florida reduces the amount of oranges grown, then

• A)the demand curve of Florida oranges shifts to the left.
• B)the demand curve of Florida oranges shifts to the right.
• C)the supply curve of Florida oranges shifts to the left.
• D)the supply curve of Florida oranges shifts to the right.
• E)both the supply and demand curve of Florida oranges shift to the right.

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Definitions:

Facilities

Physical locations and infrastructures, such as factories, warehouses, and offices, where business operations occur.

Supply Chain Network

A complex system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Global Network Design Decisions

Involve determining the optimal configuration and management of a company's supply chain operations across global markets to enhance efficiency and performance.

Suppliers Availability

The readiness and ability of suppliers to provide the necessary goods and services as demanded by the purchasing organization.