The Price of Oranges Rises

question 96

Multiple Choice

The price of oranges rises.What happens in the market for apples, which are a substitute for oranges?

• A) The equilibrium price falls, and the equilibrium quantity rises.
• B) The equilibrium price rises, and the equilibrium quantity falls.
• C) The equilibrium price and quantity rise.
• D) The equilibrium price and quantity fall.

---

Definitions:

Try Block

A block of code in programming that is used to encapsulate a segment where exceptions might occur, allowing for exceptions to be caught and handled.

Execution

The process of running a program or command, whereby the code is carried out by the computer's CPU.

Try Block

A code structure used to handle exceptions, allowing a program to try executing code that might throw an error.

Catch Block

A section in try-catch statement in programming that captures and handles exceptions generated by the try block.